- Analytics
- News and Tools
- Market News
- Global Stocks
Global Stocks
European stocks were pushed sharply lower Friday, cementing a decline for the week, as a selloff accelerated on the prospect of higher U.S. interest rates. European stocks had already been under pressure a day after the European Central Bank decided not to unleash more stimulus for the eurozone economy.
U.S. stocks on Friday suffered the worst slide since the U.K.'s surprise decision to exit from the European Union, as hawkish comments from Federal Reserve officials slammed bond and equity markets. Comments from Boston Fed President Eric Rosengren-a voter this year on the Fed's interest-rate setting board-helped to contribute toe the selloff. He said on Friday that the U.S. central bank could resume gradual rate increases as the risks facing the economy are more in balance, reigniting Wall Street's fears about the end of easy-money policies.
Asian shares started the week notably weaker as investor anticipation continues to build regarding a pause in global central banks' easing policies, which have helped prop up asset prices. Emerging markets in Asia are particularly vulnerable to a rate increase in the U.S. as better returns there could prompt a flight of capital from less-developed locales.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
