The futures of US stock indices They operate with few changes. benchmark S&P 500 is on track for a drop of more than 18% this year, its worst result since the global financial crisis of 2008.
Dollar and reference indices
The dollar was holding steady as strong data from the US strengthens the arguments that the Federal Reserve will keep interest rates “higher for longer”, reversing two decades of cheap money, and making it harder for investors to predict when a turn in monetary policy will finally come.
The MSCI All Country Stock Index It is down 0.15%, after falling nearly 20% so far this year and has erased all of its 2021 gains of 17%, after central banks raised interest rates to quell inflation. at multi-decade highs, fueled by the war in Ukraine, which has driven up energy prices.
The dynamics of the eastern markets
In Asia, the chinese stocks They are down 0.3%, while those in Hong Kong fell 0.4% as China grapples with rising COVID-19 infections, after Beijing eased its strict zero-COVID policy.
In the foreign exchange market, the japanese yen it rose 0.2% against the dollar to 132.640 units per dollar. It is on track for its third biggest weekly gain of the year, of more than 3%, after the central bank surprised markets on Tuesday by changing its policy on government bonds.
Data on Friday showed that the core consumer inflation in japan hit a new 40-year high in November, fueling market expectations that the Japanese central bank will further scale back its massive stimulus next year.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
