Equity indexes in Japan, Hong Kong and Australia slumped after US shares had their biggest drop in more than two years, with the S&P 500 falling more than 4% and the Nasdaq 100 sliding more than 5%. European equity futures fell while US contracts edged higher.interest rates three-quarters of a percentage point next week with some wagers appearing for a full-point move.
The reversal in markets casts a dark shadow over the debate about the outlook for the global economy and markets. Bank of America’s latestA gauge of the dollar fluctuated after climbing more than 1% on the CPI report. The greenback’s strength weighed Asian currencies, with the Korean won falling 1.5% and the yen’s weakness prompting Japan’s chief currency official to warn that the government wouldn’t rule out any options for responding to foreign exchange moves.
Bitcoin nursed a drop of more than 10% overnight, the biggest decline since cryptocurrencies plunged in June.
As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of Ruthhermoso made a successful withdrawal of R 200,000 with the help of Ruthhermoso_
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US stocks tumble to biggest loss in two years after inflation dataBroad sell-off grips Wall Street as investors predict more aggressive action from the Federal Reserve SCO Summit is hatching a good plan to dump the dollar, brace for a long cold winter and one meal per day in your life time.
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: dailymaverick - 🏆 3. / 84 Read more »
Asian stocks edge upwards as focus turns to US inflation dataSouth Korea’s Kospi 2% jump leads way in catching up on global bounce
Source: BDliveSA - 🏆 12. / 63 Read more »