Stocks squeeze out slim gains, dollar climbs as inflation soars

  • 📰 Reuters
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

European stocks made slim gains on Wednesday, with the dollar strengthening as investors fretted over soaring inflation and the hit on global growth from looming interest rate rises.

Euro zone bond yields dipped in early trade following a surge on Tuesday after the bloc's inflation data came in much higher than expected.

The dollar index which measures the currency against six major peers, including Japan's, rose 0.2% to 102.05, extending a 0.4% rally from Tuesday.The U.S. Federal Reserve begins shrinking asset holdings built up during the pandemic on Wednesday. Traders expect it will raise rates by 50 bps at meetings this month and next and they are unsure and increasingly worried about after that.

"We're in this kind of twilight zone now where it's just very difficult to get a handle on what the Fed are going to do after the July meeting," said Bank of Singapore analyst Moh Siong Sim.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stocks Making the Biggest Moves After Hours: Salesforce, Ambarella and MoreCheck out the companies making headlines after the bell on Tuesday, May 31.
Källa: nbcchicago - 🏆 545. / 51 Läs mer »

Charts Suggest ‘It's Going to Be a Very Nice Summer' for Stocks, Jim Cramer SaysCNBC's Jim Cramer explained technical analysis from veteran chartist Larry Williams that suggests the market's recent rebound could last for the next few months. $SPY puts gonna print I wish i could get paid to just guess the future.
Källa: nbcsandiego - 🏆 524. / 51 Läs mer »

Stocks open lower on Wall Street as crude oil prices riseOil is already up more than 60% this year, adding to inflationary pressures that are hurting American households and businesses.
Källa: dothaneagle - 🏆 337. / 59 Läs mer »

Dow falls 400 points as U.S. stocks fall Tuesday morning after Memorial Day weekendU.S. stocks were down soon after the opening bell Tuesday morning, with the Dow Jones Industrial Average leading the decline after Memorial Day weekend. The... ArivaCoin ariva 🚀🚀🚀
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Rich Dad Poor Dad's Robert Kiyosaki Warns of Stocks and Bonds Crashing — Depression, Civil Unrest Coming – Bitcoin NewsThe famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that a depression and civil unrest are coming. THIS NIGGA BEEN PREACHING DOOMSDAY SINCE 2015. A broken clock is right 2x a day He's also predicted 500 of the last 2 recessions. So there's that. Move along. Nothing to see here.
Källa: BTCTN - 🏆 531. / 51 Läs mer »