Weekly Inflation Outlook: Until The Job Is Done
| If you are having trouble reading this email, you may view the Online Version | | | |
| 📚 Daily Digest | Monday, Aug 29, 2022 | | |  | | | | Powell Straight Talk, Oil Firms and Tentative Porsche IPO - What's Moving Markets | | |  | | © Reuters. | | Investors weigh up comments from the Federal Reserve's top policymaker and several other global central bankers, as they pledge to rein in soaring inflation - even if it slows economic growth. The U.S. gears up for another key monthly jobs report later this week and how that figure could play into the Fed's monetary policy calculus. Oil prices move higher, Bitcoin's most recent sub-$20,000 period marches on, and preliminary steps to list Porsche are reportedly in the works. Here's what you need to know in financial markets on Monday, 29th August. | | | | | | | | | | Today's Top News | | | | | | | | | | Stock Markets | | Dow Futures Down 300 Points as Rate Hike Bets Weigh | | U.S. stock futures were broadly lower on Monday, as losses on Wall Street looked set to continue after a steep selloff on Friday as expectations for more aggressive rate hikes by the Federal Reserve and the European Central Bank weighed. | | | | | Economy | | Stocks and bonds slump, dollar hot as rate fever takes hold | | World stocks slumped on Monday as the growing risk of more aggressive interest rate hikes in the United States and Europe inflicted fresh pain on bond markets and pushed the dollar to new 20-year highs, just as recession fears mount. | | | | | Economy | | Dollar zooms higher as markets brace for higher for longer rates | | The dollar shot higher on Monday, briefly scaling fresh 20-year highs against a basket of other currencies, as Federal Reserve Chair Jerome Powell signalled interest rates would be kept higher for longer to bring down uncomfortably high inflation. | | | | | | | | | | Don't Miss Out On Tomorrow's Webinar | | | | | | | | | | | | | | |
| | Download Our | | Award Winning Apps | | | | | | | © 2007-2022 Fusion Media Limited. All Rights Reserved. | | | | | | | | Disclaimer:
Fusion Media or anyone involved with Fusion Media will not accept any liability for any trading loss or damage as a result of reliance on the information contained within this email including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Fusion Media would like to remind you that the data contained in this email is neither necessarily real-time nor accurate. All stock prices, Indexes, Futures, buy/sell Signals and Forex prices are indicative and not appropriate for trading purposes; furthermore they are not provided by an exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price. Fusion Media doesn't bear any responsibility for any trading losses you might incur as a result of using this data.
This is a newsletter from Investing.com
| | 7 Florinis Street, Greg Tower 6th Floor Nicosia 1065 Cyprus | | This email was sent to farhantd2016.sateyska@blogger.com | | Terms And Conditions Privacy Policy Manage your e-mail preferences Unsubscribe | | | |
 |
Comments
Post a Comment