A look at the day ahead in European and global markets from Ankur Banerjee A sea of red awaits Europe as investors gave up any attempt at a rally in r.
A sea of red awaits Europe as investors gave up any attempt at a rally in risk assets, after Fed Chair Jerome Powell made it clear that tackling inflation remains the central bank's main concern and warned that rate hikes are still on the table. Since the Fed left rates unchanged last week, markets had increasingly grown confident that the peak in U.S. rates was in sight. Futures indicated the dark mood was set to continue in European bourses.
Morning Bid: Not confident Powell drags markets lower reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.