All articles tagged with #rate cut expectations
Asian equities fell following declines in European stocks and bonds as European Central Bank officials tempered rapid rate cut expectations, with Australian and Japanese shares slipping and US equity contracts edging lower. Treasuries declined in their first trading session since Friday, while oil prices remained steady after a Monday decline.
Stock and bond markets experienced a sell-off as investors' hopes for interest rate cuts diminished. The market movement reflects a shift in expectations regarding central bank policies, with investors possibly anticipating a more hawkish stance on interest rates, which could impact borrowing costs and economic growth.
The US GDP figure is expected to influence the sentiment of the day, with the S&P 500 and Nasdaq outlook dependent on whether the figure leads to a corrective phase or a continuation of the upward trend. The bond market is already anticipating rate cuts, with corporate bonds performing well and financial conditions easing.