Fears of Higher Interest Rates Dampen Market Sentiment
===============
#0265b35c ver:1.0
Fears of higher interest rates dampen market sentiment as Asian stocks fall and US data reinforces the prospect of rates staying higher for longer. Traders dial back rate cut bets, with markets now pricing in just 35 basis points of easing in 2024. Dollar index rises, putting pressure on the yen. Global equity markets retreat, with US business activity accelerating and inflation picking up. Asian markets follow Wall Street sell-off, as better-than-expected US data raises concerns of delayed rate cuts. Hong Kong stocks fall for fourth day, driven by profit-taking and central officials pushing back against early rate reduction bets. #InterestRates #MarketSentiment #AsianStocks #USData #RateCuts...
#newstr #AsianStocks #UsEconomicData #InterestRateCuts #EuropeanCentralBank #FederalReserve #RetailSales #GdpData #BankOfEngland #Inflation #HargreavesLansdown
https://here.news/story/0265b35c?ver=1.0
Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers /
npub16h…6s0he
2024-05-24 04:59:43
Author Public Key
npub16htxawky5gwftqxeyq0dgask37wpgfukjvvxw73nv7a9a4p70t8s86s0hePublished at
2024-05-24 04:59:43Event JSON
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"content": "Fears of Higher Interest Rates Dampen Market Sentiment\n===============\t\n#0265b35c ver:1.0\n\nFears of higher interest rates dampen market sentiment as Asian stocks fall and US data reinforces the prospect of rates staying higher for longer. Traders dial back rate cut bets, with markets now pricing in just 35 basis points of easing in 2024. Dollar index rises, putting pressure on the yen. Global equity markets retreat, with US business activity accelerating and inflation picking up. Asian markets follow Wall Street sell-off, as better-than-expected US data raises concerns of delayed rate cuts. Hong Kong stocks fall for fourth day, driven by profit-taking and central officials pushing back against early rate reduction bets. #InterestRates #MarketSentiment #AsianStocks #USData #RateCuts...\n\n#newstr #AsianStocks #UsEconomicData #InterestRateCuts #EuropeanCentralBank #FederalReserve #RetailSales #GdpData #BankOfEngland #Inflation #HargreavesLansdown \n\n https://here.news/story/0265b35c?ver=1.0",
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