Currencies
Dollar climbs Markets were muted, with investors mostly on the sidelines before another expected rate hike from the Fed. Currency traders are also girding themselves for the decision, with the dollar’s rally at risk if the Fed disappoints on the Dot Plot. Treasuries and the dollar jumped on haven flows after Putin stepped up his war against Ukraine, while the euro fell.
Oil
It includes trucking costs, international shipping costs, gasoline prices, the ISM Prices Paid index, used cars, and Zillow’s measure of rent.
United States
Fed time Fed officials meet today and are expected to hike rates for the fifth consecutive time. (In clinical trials for the BA.1 booster that the US didn t end up using, though, vaccine reactions weren t different from the earlier trials. With the US midterm elections scheduled for November, the company is shifting the way it treats such threats. Republican Sen. Josh Hawley is pushing the US to force a split between TikTok and its parent company. Nasdaq is moving into crypto as a way to appeal to big-money investors.
Tr View in browser Fed Day, Putin escalates and a German gas bailout. The Fed has hiked a lot. Will the Nasdaq 100 Stock Index hit 10,000 or 14,000 first?
Tr View in browser Fed Day, Putin escalates and a German gas bailout. The Fed has hiked a lot. Will the Nasdaq 100 Stock Index hit 10,000 or 14,000 first?
Europe
The ECB, SNB and BOJ refrained from taking their benchmarks more deeply into negative territory in their Covid crisis responses over the past two years. Researchers have shown only a fraction of funds registered under the European Union s strictest ESG category live up to their billing.
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