Asian Stocks Set to Slide on Rekindled Rate Fears: Markets Wrap
US stock futures slipped and the dollar rose on renewed concerns about higher-for-longer US interest rates, with all eyes on the Federal Reserve’s policy decision due later Wednesday.
US stock futures slipped and the dollar rose on renewed concerns about higher-for-longer US interest rates, with all eyes on the Federal Reserve’s policy decision due later Wednesday.
Oil extended a decline on the prospect a cease-fire in the Middle East will ease tensions and as signs of elevated inflation weigh on the outlook for US demand ahead of a Federal Reserve meeting.
A long-held truism of ESG is being challenged, namely the idea that the strategy is best-suited to active fund management.
The Japanese government can expect to have realized “windfall” profits if officials did indeed intervene in currency markets by selling dollars and buying yen on Monday, according to Brad Setser, a senior fellow at the Council on Foreign Relations.
Viking Holdings Ltd. priced its initial public offering near the top of a marketed range to raise $1.54 billion for the luxury cruise operator and two investors.
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