S&P 500 Tumbles with the Fed Fuelling the Rate Hike Heat. Will Wall Street Recover?
S&P 500, Nasdaq 100, Russell 2000, Dow Jones 30, Fed – Talking Points The S&P 500 has eased as the market appears to be listening to the Fed A chorus of Fed speakers all sung from the same song sheet overnight The tightening cycle appears to have been elongated. Will the S&P 500 go lower? […]
Analysis-Japan’s yen feels the heat from hard-line BOJ policy By Reuters
© Reuters. FILE PHOTO: Banknotes of Japanese yen are seen in this illustration picture taken September 22, 2022. REUTERS/Florence Lo/Illustration/File Photo/File Photo By Rae Wee SINGAPORE (Reuters) – Japan’s yen, long favoured as a safe-haven and funding currency, has in recent weeks become so enmeshed in market speculation over central bank policy that Wednesday’s decision […]