Asian Stocks Set to Drop on Hawkish Fed Comments: Markets Wrap
Global markets were rocked by fresh conflict in the Middle East that sent stocks lower while oil and haven assets including Treasures and the dollar rallied.
Global markets were rocked by fresh conflict in the Middle East that sent stocks lower while oil and haven assets including Treasures and the dollar rallied.
Funds that invest in US corporate high-yield notes saw the biggest outflow in more than a year as the Federal Reserve’s hawkish approach to inflation makes investors wary.
With just a day or so to go, JPMorgan Chase & Co and Deutsche Bank AG say that the once-every-four-years Bitcoin software update called the “halving” that has long been touted as one of the keys to propping up the cryptocurrency’s value is pretty much priced in.
A new Wall Street clash has broken out between Cathie Wood’s ARK Investment Management and the firm behind a young fund targeting private assets that has taken the investing world by storm.
One of the hottest trades in China’s stock market has reached dizzying heights, and a guideline by the regulator is adding fuel to the rally.
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