Business News

European stocks continue to hold Federal Reserve rate decisions

European stocks rose Wednesday following two days of volatile trading in global markets, with investors expected to opt for interest rates from the US Federal Reserve.

The European Index of the Stoxx 600 rose 1.2 percent, growing sharply from the previous day. The total bar of the barometer fell 3.8 percent Monday during the a business disruption how Wall Street prices rose again.

The futures following the US S&P 500 index rose 0.4 percent at the start of Chicago trading, although the blue-chip stock benchmark remained at risk of placing January worst on record. The future of the Nasdaq 100, which follows the list of the largest retailers in the Nasdaq Composite-based industry, rose 0.9 percent.

The US Central Bank is due to conclude its two-day fundraising meeting on Wednesday and is expected to unveil its first coronavirus plans. interest rates have risen in March.

Markets have gone up in price four trees go up by December as the Fed returns to its volatile monetary policy, which has boosted stock markets and increased the value of speculative assets.

“[The Fed has] turned very hawkish, and in recent data there is no justification [officials] repeating or simplifying their language, ”said Anne Beaudu, chief executive of Global Bond to fund manager Amundi.

A few minutes of his December meeting, The Fed ruled Its executives discussed reducing the central bank’s $ 9tn deficit, which came up after he bought more of US Treasury assets and other debt to reduce corporate and family loans from March 2020.

The annual decline in consumer prices in the US has reached about 40 years above by 7 percent last month, with prices rising from areas affected by the epidemic in many categories, including food and rent. Ulova fell getting close to the epidemic before it happened, while declining staff and job opening have boosted wage growth.

The Fed’s hawkish pivot has disrupted market movements around the world, as rising interest rates reduce the value of companies that have profited future profits on the types of investors. Customer imaginative clients have taken some of them serious difficulties.

But trading has reached other market segments where investors ask whether rising prices could affect economic growth.

At some point on Tuesday, the Russell 3000 index, the largest number of shares listed in the US, sold 32 percent in less than 52 weeks, according to a study by Bespoke Investment Group. About one-third of the shares on the index were trading below their levels by the end of 2019.

US Treasury markets stabilized Wednesday as investors waited for a change from the Fed on its future buyer plans. Yields on the benchmark 10-year Treasury note, which rose from about 1.5 percent at the end of last year, fell by 0.01 percent to 1.78 percent.

Unhedged – Markets, money and strong ideas

Robert Armstrong shares what is most important in the market and discusses how well Wall Street positive ideas respond. Enter Pano so that the letter can be sent directly to your inbox every Sunday


Source link

Related Articles

Leave a Reply

Back to top button