World stocks hit a two-week low on Friday as rate hike guidance from the European Central Bank and jitters over upcoming U.S. inflation data stoked concerns about global growth, while verbal intervention from Japan boosted the yen The ECB said on Thursday it would deliver its first interest rate rise since 2011 next month, followed .
World stocks hit a two-week low on Friday as rate hike guidance from the European Central Bank and jitters over upcoming US inflation data stoked concerns about global growth.
Treasury yields marched higher on Tuesday, bringing US stocks with them, as investors digested the increased likelihood of swift interest rate hikes following hawkish comments from the US Federal Reserve.
The Nasdaq led Wall Street's main indexes higher, rising nearly 2%, as investors boug
European stock indexes rose Tuesday and US and European government bond yields extended the previous session's gains as investors adjusted their expectations for rate hikes following hawkish comments from the Fed.