*GLOBAL STOCKS SURGE AS FED EASING BETS JUMP ON POWELL'S 'DISINFLATIONARY' COMMENT -
LONDON - The bulls were in charge ahead of the European Central Bank and Bank of England's first meetings of the year on Thursday, after the U.S. Federal Reserve bolstered the view that the surge in global interest rates was close to an end.
The usual pre-meeting lull left the euro up just 0.1% and the pound looking groggy, though the gap between U.S. and German 10-year yields hit its smallest since September 2020 as bond market borrowing costs continued to sink. [GVD/EUR] Away from the central bank action, there was more drama in India as one of its biggest firms, Adani, was forced the axe a long-planned $2.5 billion stock offer in the wake of allegations, denied by the firm, of hidden debt and stock manipulation.
MSCI's broadest index of global shares which covers 47 countries was up 0.25 having just hit a near six-month high.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
S&P 500 Futures defend post Fed gains, Treasury bond yields stabilize as ECB, BoE decisions loomRisk profile remains slightly positive even as market momentum fades after the Federal Reserve-inspired volatility. That said, the US Federal Reserve’
Leer más »
Forex Today: Focus shifts to BOE and ECB as post-Fed US Dollar weakness continuesForex Today: Focus shifts to BOE and ECB as post-Fed US Dollar weakness continues – by eren_fxstreet Currencies Majors CentralBanks Macroeconomics Commodities
Leer más »
EUR/GBP sustains above 0.8800 ahead of Eurozone Inflation, ECB-BoE policy remains a key eventThe EUR/GBP pair has recovered sharply after a minor correction to near 0.8800 in the Asian session. The cross has scaled to near 0.8822 and is expect
Leer más »
EUR/GBP bulls approach 0.8900 with eyes on ECB, BoE announcementsEUR/GBP bulls cheer the broad-based Euro (EUR) strength while refreshing the three-week high near 0.8900, taking rounds to 0.8890 by the press time of
Leer más »
EUR/GBP sits near its highest level since September, just below 0.8900 ahead of BoE/ECBThe EUR/GBP cross gains traction for the fourth successive day and climbs to the 0.8900 neighbourhood or its highest level since late September on Thu
Leer más »
GBP/USD Retreats as the Fed and BoE Hog the LimelightGBP/USD had a modest bounce to trade just above the 1.2350 level heading into the European open which saw dollar bulls return pushing GBPUSD toward the 1.23000 handle. Get your market update from zvawda here:
Leer más »