net_left adver left

Global stocks gain on hopes recession warning forces Fed's hand

Saturday, November 19, 2022
Global stocks gain on hopes recession warning forces Fed's hand © Reuters. FILE PHOTO: A passerby walks past an electric monitor displaying the graph of recent movements on Japanese yen exchange rate against the U.S. dollar in Tokyo, Japan, October 20, 2022. REUTERS/Issei Kato
let atwWrapper,atwContainerWidth,atwSliderBox,atwTotalWidth; function initATWSlider() { atwWrapper = $('.relatedInstruments'); atwSliderBox = atwWrapper.find('.slider'); atwContainerWidth = atwWrapper.width(); atwTotalWidth = atwSliderBox.width(); if(window.domainId === '2' || window.domainId === '3'){ atwWrapper.find('.sliderRight').addClass('js-slider-prev'); atwWrapper.find('.sliderLeft').addClass('js-slider-next'); } else { atwWrapper.find('.sliderRight').addClass('js-slider-next'); atwWrapper.find('.sliderLeft').addClass('js-slider-prev'); } if(atwSliderBox.find('.instrumentBox').length > 6){ atwWrapper.find('.js-slider-next').fadeIn(600); } } function atwMoveRight() { atwWrapper.find('.js-slider-prev').fadeIn(150); $(".slider > :visible:first").hide(150) $(".slider > :visible:last").next().show(150); if(!$(".slider > :visible:last").next().find('.name')()){ atwWrapper.find('.js-slider-next').fadeOut(150); return; } } function atwMoveLeft() { atwWrapper.find('.js-slider-next').fadeIn(150); $(".slider > :visible:last").hide(150); $(".slider > :visible:first").prev().show(150); if(!$(".slider > :visible:first").prev().find('.name')()){ atwWrapper.find('.js-slider-prev').fadeOut(150); return; } } initATWSlider(); //update star icon on adding/removing instrument to/from specific watchlist atwWrapper.on('click', 'label.addRow', function() { let parent = $(this).parent(); let checkedPortfolio = false; parent.find('input[type=checkbox]').each(function () { if($(this).is(':checked')){ checkedPortfolio = true; } }); let closestStar = $(this).closest('.addToPortWrapper').find('.star'); if(checkedPortfolio){ closestStar.addClass('added'); }else{ closestStar.removeClass('added'); } }); //update star icon on creating new watchlist atwWrapper.find('.js-create-watchlist-portfolio').find('a.js-create').on('click',function () { let parent = $(this).parent(); let watchlistName = parent.find('input[type=text]').val(); if(!watchlistName){ return; } let star = $(this).closest('.addToPortWrapper').find('.star'); star.addClass('added'); }); //update star icon on adding new position atwWrapper.find('.js-create-holdings-portfolio').find('.js-submit').on('click',function () { let addPositionForm = $(this).closest('.addToPortfolioPop').find('.holdingsContent'); let amount = addPositionForm.find('.js-amount').val(); if(amount < 1){ return; } let star = $(this).closest('.addToPortWrapper').find('.star'); star.addClass('added'); }); atwWrapper.find('.instrumentBox').find('.shortInfo').on('click',function () { if(!window.ga){ return; } let pairId = $(this).parent().find('.js-add-to-portfolio').attr('data-pair-id'); let pairType = window.atwPairTypes[pairId]; window.ga('allSitesTracker.send', 'event', 'content', 'symbol link clicked', '', { "dimension147":"symbol_link_clicked", "dimension163":"click", "dimension148":"symbol", "dimension162":"content add to watchlist", "dimension161":"article page", "dimension142":"article", "dimension75":pairType, "dimension138":pairId, "dimension118":"2947354" }); window.open($(this).attr('data-href')); }); window.atwPairTypes = {"68":"currency","166":"indice","169":"indice","178":"indice","243":"Equities","8830":"futureCash","8833":"futureCash","8849":"futureCash","14958":"indice","40823":"indice","1057391":"indice"};

By Herbert Lash and Carolyn Cohn

NEW YORK/LONDON (Reuters) - Global equities edged up and a key part of the Treasury yield curve inverted further on Friday, a sign the U.S. economy will stall next year and that investors hope will lead the Federal Reserve to back off its aggressive hiking of interest rates.

Surprisingly strong retail sales data this week hammered home the idea that the Fed will tighten monetary policy further even though soft consumer and producer price pressures suggested inflation has peaked and would allow for lower rates.

Treasury yields rose for a second day following hawkish comments on Thursday by St. Louis Fed President James Bullard, who said rates needed to rise to at least a range between 5% and 5.25% to be "sufficiently restrictive" to curb inflation.

The remarks were a blow to investors who had wagered rates would peak at 5% or below. Futures now show the Fed funds rate at 5.05% by May, up from 3.83% now. But futures also show rates will slide to 4.66% in December 2023 on expectations the Fed will move to ease policy as the economy weakens.

Boston Fed President Susan Collins added to the Fed's hardline stance, telling CNBC that with little evidence price pressures are waning policymakers may need to deliver another 75 basis-point rate hike to get inflation under control.

Three top policymakers in Europe also said the European Central Bank must raise rates high enough to dampen growth as it too fights high inflation.

"Where we think the market is getting it wrong, is pricing in rate cuts next year," said Dec Mullarkey, managing director of investment strategy and asset allocation at SLC Management.

"Powell often has made the point, 'we're concerned that if you let up too quickly, that you'll have a second surge of inflation,' and that's not something they want to repeat," Mullarkey said, referring to Fed Chairman Jerome Powell.

The market sees a recession next year as the yield spread between two- and 10-year Treasuries was -71 basis points, an inversion of the yield curve that has not reached such depths since at least 2000.

When yields are less on the 10-year note than the two-year, a security that reflects interest rate expectations, it suggests a slowdown or worse and that the Fed will cut rates to spur the economy.

The impact of rising rates was felt in housing, where U.S. existing home sales tumbled for a record ninth straight month in October as the 30-year fixed mortgage rate hit a 20-year high.

The two-year note's yield rose 7.7 basis points to 4.531%, much higher than the 10-year note, which was up 5 basis points at 3.823%.

The MSCI world equities index rose 0.48% but was heading for a loss of about 0.5% on the week, coming off recent two-month highs. The pan-European STOXX 600 index 1.16%, its best one-day performance in more than a week.

Inflows into global equity funds hit their highest level in 35 weeks in the week to Wednesday, according to a report from Bank of America (NYSE:BAC) (BofA), as investor optimism brightened.

Fund flows: US equities, bonds and money market funds https://fingfx.thomsonreuters.com/gfx/mkt/dwvkdreqgpm/Fund%20flows%20US%20equities%20bonds%20and%20money%20market%20funds.jpg

Stocks rose on Wall Street in a choppy session. The Dow Jones Industrial Average advanced 0.6%, the S&P 500 gained 0.48% and the Nasdaq Composite crept 0.01% higher. For the week, the Dow was unchanged, the S&P 500 fell 0.69% and the Nasdaq shed 1.57%.

The euro fell 0.35% to $1.0324, having eased from a four-month peak of $1.0481 hit on Tuesday as some policymakers argued for caution on tightening. The yen weakened 0.15% versus the dollar at 140.41. Chinese blue chips dropped 0.45% amid reports that Beijing had asked banks to check liquidity in the bond market after soaring yields caused losses for some investors.

There were also concerns that a surge in COVID-19 cases in China would challenge plans to ease strict movement curbs that have throttled the economy.

Japan's Nikkei slipped 0.1% as data showed inflation running at a 40-year high as a weak yen stoked import costs.

Oil fell about 2% and logged its second weekly decline, pressured by concern about weakening demand in China and further increases to U.S. interest rates.

U.S. crude futures fell $1.56 to settle at $80.08 a barrel, while Brent settled down $2.16 at $87.62.

U.S. gold futures settled 0.5% lower at $1,754.4 an ounce.

Bitcoin fell 0.31% to $16,634.00.

Leave your comment
HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
08-12-2022 16:36:46 (UTC+7)

EUR/USD

1.0502

-0.0003 (-0.03%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (11)

EUR/USD

1.0502

-0.0003 (-0.03%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (11)

GBP/USD

1.2162

-0.0037 (-0.30%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

USD/JPY

137.07

+0.47 (+0.35%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

AUD/USD

0.6718

-0.0003 (-0.04%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (2)

USD/CAD

1.3676

+0.0025 (+0.18%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (7)

EUR/JPY

143.94

+0.44 (+0.31%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (2)

EUR/CHF

0.9889

+0.0008 (+0.08%)

Summary

Neutral

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (4)

Sell (2)

Gold Futures

1,793.95

-4.05 (-0.23%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Silver Futures

22.885

-0.037 (-0.16%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Copper Futures

3.8613

+0.0008 (+0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

Crude Oil WTI Futures

73.03

+1.02 (+1.42%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Brent Oil Futures

78.03

+0.86 (+1.11%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Natural Gas Futures

5.787

+0.064 (+1.12%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (7)

US Coffee C Futures

161.20

+1.20 (+0.75%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (2)

Euro Stoxx 50

3,929.55

+8.65 (+0.22%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (0)

S&P 500

3,933.92

-7.34 (-0.19%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (9)

Sell (1)

DAX

14,271.55

+10.36 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

FTSE 100

7,501.05

+11.86 (+0.16%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (0)

Hang Seng

19,450.23

+635.41 (+3.38%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (1)

Sell (5)

US Small Cap 2000

1,806.90

-5.67 (-0.31%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (1)

IBEX 35

8,277.33

-13.17 (-0.16%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (2)

BASF SE NA O.N.

47.43

+0.005 (+0.01%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (4)

Sell (4)

Bayer AG NA

52.68

-0.12 (-0.23%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (7)

Sell (2)

Allianz SE VNA O.N.

204.48

+0.83 (+0.41%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (1)

Sell (9)

Adidas AG

116.07

-1.49 (-1.27%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (8)

Deutsche Lufthansa AG

7.718

+0.079 (+1.03%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

Siemens AG Class N

133.25

+0.35 (+0.26%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (1)

Sell (7)

Deutsche Bank AG

9.99

+0.024 (+0.24%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (6)

    EUR/USD 1.0502 ↑ Sell  
    GBP/USD 1.2162 ↑ Sell  
    USD/JPY 137.07 ↑ Buy  
    AUD/USD 0.6718 Neutral  
    USD/CAD 1.3676 ↑ Sell  
    EUR/JPY 143.94 Neutral  
    EUR/CHF 0.9889 Neutral  
    Gold 1,793.95 ↑ Sell  
    Silver 22.885 ↑ Sell  
    Copper 3.8613 ↑ Sell  
    Crude Oil WTI 73.03 ↑ Buy  
    Brent Oil 78.03 ↑ Buy  
    Natural Gas 5.787 ↑ Sell  
    US Coffee C 161.20 ↑ Buy  
    Euro Stoxx 50 3,929.55 ↑ Buy  
    S&P 500 3,933.92 ↑ Buy  
    DAX 14,271.55 ↑ Buy  
    FTSE 100 7,501.05 ↑ Buy  
    Hang Seng 19,450.23 Neutral  
    Small Cap 2000 1,806.90 ↑ Buy  
    IBEX 35 8,277.33 ↑ Buy  
    BASF 47.43 Neutral  
    Bayer 52.68 ↑ Sell  
    Allianz 204.48 Neutral  
    Adidas 116.07 ↑ Sell  
    Lufthansa 7.718 Buy  
    Siemens AG 133.25 Neutral  
    Deutsche Bank AG 9.99 ↑ Sell  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,650/ 6,720
(60/ 60) # 1,586
SJC HCM6,635/ 6,715
(25/ 25) # 1,588
SJC Hanoi6,635/ 6,717
(25/ 25) # 1,590
SJC Danang6,635/ 6,717
(25/ 25) # 1,590
SJC Nhatrang6,635/ 6,717
(25/ 25) # 1,590
SJC Cantho6,635/ 6,717
(25/ 25) # 1,590
Cập nhật 08-12-2022 16:36:48
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,783.44 -3.73 -0.21%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩm Vùng 1 Vùng 2
RON 95-V23.83024.300
RON 95-III22.70023.150
E5 RON 92-II21.67022.100
DO 0.05S23.21023.670
DO 0,001S-V25.19025.690
Dầu hỏa 2-K23.56024.030
ↂ Giá dầu thô thế giới
WTI $73.20 -0.44 -0.60%
Brent $78.21 -0.63 -0.81%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.570,0023.880,00
EUR24.321,7825.683,18
GBP28.175,3329.376,19
JPY168,78178,67
KRW15,5618,96
Cập nhật lúc 16:32:59 08/12/2022
Xem bảng tỷ giá hối đoái
adver main right