Mortgage lenders hike interest rates as market jitters set in aol.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aol.co.uk Daily Mail and Mail on Sunday newspapers.
The FTSE 100 closed up 0.2% with risk appetite recovering as investors await tech earnings later in the day, in additing to some easing in bond yields, IG analyst Chris Beauchamp said in a note..
FTSE 100 Closes Up on Tech Earnings Expectations, Easing Bond Yields morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Last week, central bank communications to the market caused a weaker USD and stronger EUR, GBP, and other EM currencies. The Federal Reserve voted unanimously to pause rate hikes but revised upward their dot plots, causing ambiguity. The European Central Bank raised interest rates to 4%, the highest level since the financial crisis, and warned that this rate-hike saga may continue through summer. Meanwhile, the Bank of England has been clear on its hawkish path, having raised interest rates 12 successive times since December 2021. The market s expectations will increase and confidence will be reflected in economic data.
Australian dollar no safe haven macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.