CHICAGO, Aug. 31, 2023 /PRNewswire/ Ryerson Holding Corporation , a leading value-added processor and distributor of industrial metals, announced its planned participation at the following.
London midday: Stocks in the red ahead of Fed policy decision
Wed, 17th Mar 2021 11:01
(Sharecast News) - London stocks were still in the red by midday on Wednesday as investors eyed the latest policy announcement from the US Federal Reserve.
The FTSE 100 was down 0.5% at 6,767.58.
IG market analyst Joshua Mahony said: The Federal Reserve looks to take centre stage today, with traders seeking to gauge their outlook in the face of rising inflation and treasury yield expectations. The ECB may have decided to act in a bid to dampen the rise in yields, but Powell has shown little desire to target that trend. Inflation looks to be a key topic for markets going forward, with reopening efforts expected to bring a sharp surge in prices.
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