Stock markets are lower due to the ongoing war in Ukraine, and the slightly hawkish tone of last night’s Federal Reserve minutes.
Volatility in the markets picked up today following the release of the US CPI data, as the reading jumped from 7% to 7.5%, a new 40 year high.
The mood in the markets is downbeat following the announcement of the disappointing headline US non-farm payrolls report.
Stocks are mixed today following on from two days of losses. Concerns about the omicron variant of Covid-19 as well as jitters ahead of the Federal Reserve meeting are hanging over the markets.
S stock markets are up following the news the US economy grew by only 2% in the third quarter, while economists were expecting a reading of 2.6%.
The mood in the markets is upbeat as Evergrande, the struggling Chinese property firm, made a loan repayment, and that alleviated fears that the company might go down the route of a debt spiral.
It is a mixed day for equities, as European markets are in positive territory, while the major indices in the US are showing losses.
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