新2备用网址(www.hg108.vip):Shares slide ahead of U.S. inflation data, earnings hurdles

admin 1个月前 (08-25) 社会 4 0

新2备用网址www.hg108.vip)是一个开放新2网址即时比分、新2网址代理最新登录线路、新2网址会员最新登录线路、新2网址代理APP下载、新2网址会员APP下载、新2网址线路APP下载、新2网址电脑版下载、新2网址手机版下载的新2新现金网平台。新2网址登录线路最新、新2皇冠网址更新最快,皇冠体育APP开放皇冠会员注册、皇冠代理开户等业务。

SYDNEY/LONDON: Shares slid on Monday as investors braced for a U.S. inflation report that could force another super-sized hike in interest rates, and the start of an earnings season in which profits will be under pressure.

The STOXX index of European shares fell 1.3%, with S&P 500 futures down 0.8% and Nasdaq futures off 0.9% as an upbeat U.S. June payrolls report raised expectations of a 75 basis point hike from the Federal Reserve.

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 1.8%, while Chinese blue chips lost 1.9% after Shanghai discovered a COVID-19 case involving a new subvariant, Omicron BA.5.2.1.

Bond yields and the rampant U.S. dollar also rose, the latter hitting a 24-year peak against the yen.

Underlining the global nature of the inflation challenge, central banks in Canada and New Zealand are expected to tighten policy further this week.

While Wall Street did eke out some gains last week, the market mood will be tested by earnings from JPMorgan and Morgan Stanley on Thursday, with Citigroup and Wells Fargo the day after.

Another hurdle will be Wednesday's U.S. consumer price report, in which markets see headline inflation accelerating further to 8.8% but a slight slowdown in the core measure to 5.8%.

An early reading on consumer inflation expectations this week will also have the close attention of the Fed.

,

胜负彩www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。胜负彩上胜负分析专家数据更新最快。胜负彩开放皇冠官方会员注册、皇冠官方代理开户等业务。

,

"Unexpected weakness in these releases will be required to dislodge expectations for a 75 bps July 27 Fed rate rise, which lifted from about 71 bps to 74 bps post the payrolls report," said Ray Attrill, head of FX strategy at NAB.

PARITY PARTY

Treasury yields climbed around 10 basis points on the jobs report and the 10-year stood at 3.09% on Monday, up from a recent low of 2.746%.

A hawkish Fed combined with fears of recession, particularly in Europe, has kept the dollar up at 20-year highs against a basket of competitors. The dollar broke above 137.00 to reach its highest since 1998 at 137.28 yen as the Bank of Japan remained dovish.

Japan's conservative coalition government was projected to have increased its majority in upper house elections on Sunday, two days after the assassination of former prime minister Shinzo Abe.

The euro continued to struggle at $1.0122, having shed 2.4% last week to hit a two-decade low and major retracement target at $1.0072.

"With little economic relief on the horizon for Europe, and U.S. inflation data likely to mark a new high for the year and keep the Fed hiking aggressively, we think the risks remain skewed in favour of the greenback," said Jonas Goltermann, a senior markets economist at Capital Economics.

"Indeed, we think the EUR/USD rate will break through parity before long, and may well trade some way through that level."

Rising interest rates and a strong dollar have been a headache for non-yielding gold, which was ailing at $1,739 an ounce, having fallen for four weeks in a row.

Allbet声明:该文看法仅代表作者自己,与本平台无关。转载请注明:新2备用网址(www.hg108.vip):Shares slide ahead of U.S. inflation data, earnings hurdles

网友评论

  • (*)

最新评论

站点信息

  • 文章总数:8978
  • 页面总数:0
  • 分类总数:8
  • 标签总数:2391
  • 评论总数:5948
  • 浏览总数:673641