Investors remain braced for higher interest rates in the United States and Europe in the wake of more positive economic data
in the United States and Europe and there could be more figures to underpin that argument this week.
China has manufacturing surveys and the National People’s Congress kicks off at the weekend and will see new economic policy targets and policies, as well as a reshuffling of government officials. January’s euphoria, which was founded on expectations that the major economies will avoid tumbling into recession this year, has given way to something approaching realism about the outlook for interest rates, which are going to rise by more and stay at those levels for longer than many had previously anticipated.
When the Fed concluded its last policy meeting in early February - prior to the release of bumper January employment and business-sector activity data - markets showed traders expected a peak rate of 4.73%, meaning that there’s almost an extra three-quarters of a point now priced in. It’s not just the United States, where investors believe the central bank will have to keep raising rates to bring inflation back down. Money markets show traders believe the European Central Bank and the Bank of England will have to lift rates to a higher peak and leave them there for longer.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
![Cardano [ADA] moves sideways, investors can look for gains at these levels](https://i.headtopics.com/images/2023/2/25/cryptoamb/cardano-ada-moves-sideways-investors-can-look-for--cardano-ada-moves-sideways-investors-can-look-for--1629504745835573251.webp?w=640)
Cardano [ADA] moves sideways, investors can look for gains at these levelsADA traded in range into the weekend. Demand in the derivative markets improved, but sentiment remained negative. Cardano [ADA] consolidated into the weekend and oscillated between $0.3630 and $0.3676. Similarly, Bitcoin [BTC] traded between $23.23K and $29.96K as it struggled to maintain the $23K level. Read Cardano [ADA] Price Prediction 2023-24 Is a breach of […]
Read more »
The best digital investing tools for young investorsTools that make investing simple and inexpensive
Read more »
The best digital investing tools for young investorsTools that make investing simple and inexpensive
Read more »
The best digital investing tools for young investorsTools that make investing simple and inexpensive
Read more »
The best digital investing tools for young investorsTools that make investing simple and inexpensive
Read more »
ANALYSIS | Roxham Road is just a small piece of a global migration crisis | CBC NewsIt took an American — specifically, the American ambassador — to impose some perspective this week on the Canadian debate about Roxham Road. “Irregular migration is one of the major problems confronted by the Western hemisphere and Roxham Road is just a symptom of that problem,” David Cohen said.
Read more »