Stocks slip as ECB prepares hike after hawkish Fed pause

  • 📰 ReutersAfrica
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

World stocks slipped from 18-month peaks and the dollar pushed higher on Thursday as traders readied for what is expected to be the eighth straight rate hike from the European Central Bank (ECB) later.

blue-chips dipped by around 0.2% , while the dollar clambered off a 4-week low against the other major world currencies as Japan's yen took a tumble ahead of a central bank meeting there on Friday.

ECB President Christine Lagarde's press conference, meanwhile, will focus on sticky core inflation "which will keep an additional hike in July on the table" and mean another is possible in September if financial conditions don't become too restrictive, he added.

 

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:

 /  🏆 31. 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 rise as weak China data stokes stimulus hopes; euro waits on ECBAsian stocks hit two-month highs on Thursday and the dollar notched new peaks against the yen and the yuan as the Federal Reserve paused rate hikes while flagging more, drawing attention to the contrast with more dovish policy outlooks in Asia.
Källa: ReutersAfrica - 🏆 31. / 53 Läs mer »

Stocks rise, dollar pares losses after Fed signals more hikes aheadMSCI's global equity index closed slightly higher on Wednesday after a volatile afternoon while the dollar cut its losses after the U.S. Federal Reserve paused interest rate hikes as was widely expected but signalled that it could raise rates by another half percentage point by year-end.
Källa: ReutersAfrica - 🏆 31. / 53 Läs mer »

Oil prices dip after unexpected rise in US crude stocksOil prices inched higher on Wednesday after industry data showed an unexpected rise in U.S. crude stocks, signalling weak demand to markets already worried about recession and disappointing Chinese economic data.
Källa: ReutersAfrica - 🏆 31. / 53 Läs mer »

Nigerian banking stocks rise 8% after central bank governor suspendedNigeria's banking stock index rose more than 8% on Tuesday as local investors reacted to the suspension late last week of central bank governor Godwin Emefiele, who oversaw restrictive policies that cramped their earnings.
Källa: ReutersAfrica - 🏆 31. / 53 Läs mer »