Stocks eased on Wednesday, while the dollar was under a little pressure, as traders shifted focus from U.S. banking stress to expectations for an imminent peak in the Federal Reserve's interest rate cycle.
Traders have been tiptoeing out of bets that rate cuts will fairly swiftly follow a final hike, though remain positioned for a peak.
British and European inflation figures due later on Wednesday could add more if they make a case for hikes on the Atlantic's eastern shores to go on beyond those in the U.S. Elsewhere, Brent crude futures were steady at $84.79 a barrel, roughly where they have traded for a few weeks since OPEC+ announced surprise production cuts. Gold held above $2,000 an ounce and bitcoin above $30,000.Citi strategist Matt King warned that markets' calm may be shortlived as central banks' cash injections made to ward off worries about systemic bank risks start to wear off.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Inflation won't hit Fed's target and stocks to remain pressured: BlackRockInflation won't come close to the Fed's target, and investors buying the dip in stocks should not hope for policymakers to save them, BlackRock says
Leer más »
Stocks may drop if bank fears choke growth, Fed beat inflation: SiegelStocks may slump if banking fears choke growth - and the Fed should end its inflation fight, Wharton professor Jeremy Siegel says
Leer más »
Stocks are in danger with Fed pause already priced in: Morgan StanleyStocks are entering a danger zone as they're already pricing in a Fed pause, top Morgan Stanley strategist says
Leer más »
Wall St muted as investors focus on earnings, Fed cuesWall Street's main indexes were little changed on Monday as investors awaited more bank earnings and views from Federal Reserve policymakers that could provide cues on when the central bank will pause its monetary tightening.
Leer más »
GBP/USD falls on US Dollar strength amid Fed rate hike speculationsGBP/USD dropped after forming a double top in recent price action during the last nine days and falls amidst speculations that the US Federal Reserve
Leer más »
WTI falls over 2% on fears of Fed’s tightening plan, broad US Dollar strengthWestern Texas Intermediate (WTI) slid almost $2.00 on Monday as traders brace for additional tightening by the US Federal Reserve (Fed). Therefore, th
Leer más »