European stocks dipped on Friday, while U.S. equity futures traded mostly flat, as investors continued to absorb a hawkish turn by the Federal Reserve. Banks and energy companies led the decliners.
The Fed was viewed as taking a hawkish turn on Wednesday after its summary of economic projections showed two interest rate increases in 2023, and that it has begun talking about when to slow the rate of bond purchases. Also on Thursday, the dollar soared and commodity prices tumbled, though that action seemed to be calming down on Friday, with a bounce for hard-hit gold GCQ21, +0.99%. Tumbling bond yields was another reaction. The yield on the 10-year Treasury TMUBMUSD10Y, 1.487% was steady at 1.508%. The yield saw its sharpest slide since June 4 between Wednesday and Thursday.As reflation trades unwound, bank stocks came under pressure, with HSBC HSBC, -1.04% HSBA, -1.27% down 0.4% and BNP Paribas BNP, -2.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: CNBC - 🏆 12. / 72 Läs mer »
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
Källa: latimes - 🏆 11. / 82 Läs mer »
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
Investing playbook for stocks, commodities, crypto after Fed meetingThe Fed has left rates steady while signaling 2 potential hikes by the end of 2023. Here is what to do with your stocks, bonds, and digital assets, according to top Wall Street and crypto investors. I'm not concerned about rate hikes 2 years from now that may never happen. Wow, alot can happen with inflation in 2 years.. 📢 24% of companies expect to invest between 5 and 10 million USD in blockchain during 2021. Not in cryptocurrency, but blockchain. Libonomy , the world’s fastest blockchain will be one of the beneficiaries. ✔ Libonomy LBY cryptocurrency investmentoftheyear
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Källa: CNBC - 🏆 12. / 72 Läs mer »