(Bloomberg) An interest-rate and inflation climate unlike what many investors have ever seen is prompting them to look for assets to get through the market storm.
With U.S.
(Bloomberg) Turkey President Recep Tayyip Erdogan promised the country would continuing cutting interest rates, suggesting that lower inflation will follow.
(Bloomberg) The latest U.S. inflation readings reinforced the Federal Reserve’s recent urgency to begin raising interest rates, Germany’s economy shrank in the closing months of 2021 while Taiwan’s expansion powered ahead.
Global traders already on tenterhooks over this week’s key Federal Reserve meeting had their nerves frazzled further Tuesday by Australian inflation data that smashed expectations, a surprise monetary tightening in Singapore and further volatility in U.S. equity futures.
(Bloomberg)
Poland’s zloty is once again caught up in investor concerns about growing tensions between Russia and Ukraine.
The currency has weakened for the second straight day on Tuesday, despite signals of more aggressive interest-rate increases from the central bank’s governor.