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No festive cheer for equities as rebound fizzles

No festive cheer for equities as rebound fizzles

The week started off well for stocks as it gained strongly after the softer US CPI data, although gains eased towards the end of Tuesday. After that, a more hawkish Fed sparked some selling pressures and volatility on Wednesday before the selloff intensified yesterday, spurred on by a more hawkish ECB as well.

There's the narrative that markets are growing increasingly worried about the global growth slowdown and a... Read More

Posted: Dec 16 2022, 05:27
Author Name: forexlive
Views: 101932

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