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World Stocks

All articles tagged with #world stocks

finance2 years ago•3 min saved

"Powell's Comments Send Asia Stocks Sliding, Dampening Rate Peak Expectations"

World stocks slipped and European shares retreated from three-week highs as U.S. Federal Reserve Chair Jerome Powell's hawkish comments dashed expectations of a peak in interest rates. The somber mood was global, with MSCI's broadest index of world shares falling to a one-week low. Powell's comments, along with a weak auction of 30-year Treasuries, pushed yields higher and supported the dollar. Investors have been looking for signs of U.S. interest rates peaking after the Fed held rates steady last week, but Powell's remarks indicated a willingness to tighten policy further if necessary.

via Reuters|

#dollar #federal-reserve #finance

finance2 years ago•3 min saved

"China's Economic Rally Faces Doubt as Bonds Signal Slowdown"

World stocks rallied on Monday, buoyed by China's efforts to stabilize its markets and boost confidence. European shares reached a two-week high, while US stock futures indicated a strong opening for Wall Street. China's introduction of measures to support the market, such as reducing stock trading stamp duty and loosening margin loan rules, provided some relief to equity markets. However, concerns over China's property market and debt-stricken property sector persisted. Attention also turned to the upcoming release of key US jobs data, which may offer insights into the labor market and inflationary trends.

via Reuters|

#china #finance #interest-rates

business2 years ago•3 min saved

European Markets Rise Ahead of US Earnings Reports

World stocks markets remain steady as investors await corporate earnings results this week to determine which economic sectors have been helped or hit by higher interest rates. US banks including JP Morgan, Citigroup, and Wells Fargo reaped windfalls from higher interest payments in their first quarter earnings reports. Upbeat earnings news from banks and large corporations may lessen the odds of rate cuts later this year. Markets have also seen a mood shift on the outlook for US interest rates, with CME futures implying an 81% chance the Federal Reserve will increase rates by a quarter point to 5.0-5.25% in May.

via Investing.com|

#business #corporate-earnings #economic-sectors

finance2 years ago•3 min saved

Global Markets Await US Inflation Data Amidst Mixed Performance

World stocks rallied on Tuesday as traders held onto hope that interest rates will soon peak and fall later this year, even if the latest U.S. jobs data supported the case for a May hike by the Federal Reserve. The dollar was broadly softer, giving up some of its post-payrolls gains. Bitcoin touched a fresh 10-month high at $30,438 before pulling back to $30,148, after breaking free of recent ranges on Monday. The International Monetary Fund's latest global economic outlook is out later on Tuesday.

via Reuters|

#bitcoin #dollar #finance

finance2 years ago•3 min saved

The Uncertain Future of Banking in the Wake of Recent Turmoil.

Despite the recent banking sector turmoil, demand for equities remains high, with MSCI's world stock index up 7% so far this year. However, bad omens for world stocks are building, including tighter credit, a manufacturing slowdown, and a yield curve inversion, which often signals a recession. While tech stocks have dominated gains so far this year, they may not be immune to a recession. The defensive tech trade could work in a shallow recession, but in a deep downturn, money managers may dump tech too.

via Reuters|

#banking-turmoil #credit-tightening #finance