Once again, the rise in government bond yields is acting as the catalyst for the sell off in stocks.
Stock markets are in the red because of the hawkish comments made by Fed Chair Jerome Powell last night, the central banker stressed the need to tackle rising inflation by hiking interest rates.
The bulls are out in force again as stocks in Europe and the US are driving higher. The absence of negative news is lifting sentiment.
Equity markets in Europe are higher thanks to the bullish session in the US last night. Even though the war in Ukraine persists, the mood in the markets is upbeat.
Stock markets have undergone a rebound today following the World Bank’s downgrade to global growth, the body now predicts the world economy will expand by 3.2% in 2022, while the previous forecast was 4.1%.
Stock markets are on track to finish higher this afternoon as traders have shrugged off the negative headlines about additional sanctions on Russia, as well as the chatter about higher interest rates from the Federal Reserve.
Stock markets are lower due to the ongoing war in Ukraine, and the slightly hawkish tone of last night’s Federal Reserve minutes.
Stock markets are lower this afternoon as there are fears the Federal Reserve will adopt a more hawkish policy than expected.
Stock markets in continental Europe are under pressure as the EU announced plans to reduce its dependency on coal from Russia.
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