Tuesday, September 19, 2023

Asian stocks struggle as oil surge sets stage for hawkish Fed

Futures pricing implies almost no chance of a Fed hike at 1800 GMT, but traders, who have begun winding back bets on cuts in 2024 and will be closely focused on the U.S. central bank's economic projections and chair Jerome Powell's news conference.

from Economic Times https://ift.tt/RKbQ2eq

No comments:

Post a Comment

Titagarh, Jupiter Wagons shares rally up to 10% amid reports of Rs 40,000 crore order from Indian Railways

Railway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is expe...