(Bloomberg) — Stocks and U.S. equity futures fell along with Treasuries Monday amid heightened worries about inflation risks and tightening financial conditions. A gauge of the dollar climbed. Most Read from Bloomberg An Asia-Pacific equity index shed more than 1%, dropping to the lowest since mid-March. China and Hong Kong struggled, with tech shares skidding on new guidelines from Beijing aimed at curbing data monopolies at internet platforms. U.S. and European futures also declined,… Source link
Read More »European markets slump ahead of Federal Reserve minutes
Federal Reserve chairman Jerome Powell. European markets were muted on Wednesday as investors focus on the latest insights into the Fed’s policy tightening. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images European stocks were in the red on Wednesday as investors focus on fresh western sanctions against Russia over its invasion of Ukraine and the latest insights into the Federal Reserve’s policy tightening. The FTSE 100 (^FTSE) lost ground after closing higher the previous session,… Source link
Read More »Fed to hike rates ‘higher than the markets expect’
The head of the largest U.S. bank said markets are underestimating the speed by which he expects the Federal Reserve to raise interest rates. In a letter to shareholders released Monday, JPMorgan Chase CEO Jamie Dimon added that short-term borrowing costs need to be “substantially” higher to address the rapid pace of price increases. “The stronger the recovery, the higher the rates that follow (I believe that this could be significantly higher than the markets expect),” Dimon penned in… Source link
Read More »What to know in markets this week
After last week’s solid March jobs report, investors this week are set to turn their attention to more commentary from the Federal Reserve, along with several quarterly corporate earnings reports. And to this end, Wednesday’s release of the Federal Open Market Committee’s (FOMC) March meeting minutes will be closely watched. The minutes, capturing the meeting that took place March 15-16, will unveil more of monetary policymakers’ thinking around the path forward for interest rates after their… Source link
Read More »Digital Markets Act Proposed to Tame Big Tech; Yandex Spark Concerns over Data sent to Russia
In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: European lawmakers propose the Digital Markets Act to tackle antitrust behaviour in Big Tech; Russia’s search engine, Yandex, has sparked security concerns over harvesting users’ data; US representatives propose a new bill to create a digital dollar; and, Meta have hired digital consulting firm Targeted Victory to “orchestrate a nationwide campaign”… Source link
Read More »European markets push higher ahead of Ukraine-Russia peace talks
European markets were in the green as the latest round of peace talks kick off in Turkey on Monday. Photo: Ty O’Neil/SOPA Images/LightRocket via Getty European markets started the week in the green as oil prices fell after parts of Shanghai entered lockdown and Ukraine and Russia start their latest round of peace negotiations on Monday in Turkey. The FTSE 100 (^FTSE) shot up 0.5% as investors watch out for a speech from Bank of England governor Andrew Bailey on Monday. UK chancellor Rishi… Source link
Read More »Exodus from Russia renews concerns over US pensions investing in emerging markets
Pressure has mounted in recent weeks on U.S. pensions to dump Russian assets, but policymakers scrambling to unwind investments face a bigger moment of truth — what about their holdings in other autocratic regimes? Russian President Vladimir Putin’s invasion of Ukraine has prompted many of the largest public pension plans to quickly divest from Russian securities or trim their exposure to harder-to-exit allocations. The first-of-its-kind move to exit so abruptly put into question the… Source link
Read More »Expect lower long-term returns from stock, bond markets as rates rise: Strategist
Returns from stocks and bonds are likely to suffer in the long-term, CEO and CIO of Research Affiliates Chris Brightman told Yahoo Finance Live. “[Investors should expect] not just lower long-term returns from the bond market but lower long-term returns from the stock market as well,” Brightman told Yahoo Finance Live. “Remember, the stock market’s trading at near all-time highs in terms of prices relative to, say, cyclically adjusted earnings or extraordinarily low dividend yields. And… Source link
Read More »What to know in markets this week
After U.S. stocks staged a rebound last week in the wake of the Federal Reserve’s much-anticipated monetary policy decision, investors this week will look ahead to a somewhat quieter slate of corporate earnings and economic data releases. One of the most closely watched earnings reports will come after market close on Monday from Nike (NKE). As one of the few companies to report earnings that cover performance for this year, Nike’s fiscal third-quarter results will provide an update as to how… Source link
Read More »3 reasons to buy stocks during weakness in markets: JPMorgan
There are a couple reasons why investors should use the weakness in markets as a good buying opportunity even in front of notable risks like the Federal Reserve raising interest rates to fight inflation and the ongoing Russia-Ukraine war, argues strategists at JPMorgan. “Despite the current tumultuous conditions, we believe a lot of risk is already priced in, sentiment is depressed and investor positioning is low, so we would add to risk with a medium-term horizon. We would advise against… Source link
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