Stock markets around the world posted new highs even as rising inflation rates prompted Fed policymakers to issue hawkish remarks on upcoming rate hikes, treasury notes are on track for multi-year record yield percentages, and the war rages on in Ukraine. U.S. markets ended Tuesday on a positive note, with the Dow finishing 0.74 percent…
Market Pulse: US Shares Rise as Euro Markets Consolidate, Brent Rebounds Following Shortages
March 23, 2022
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European Banks Increase in Value Expecting Fed Interest Rate Hikes
European bank stocks have been on an upward trend since the third week of December following the announcement by the Federal Reserve regarding interest rate hikes by early spring, indicating better business prospects for financial institutions with higher rates and greater margins. The Stoxx Europe 600 Banks Index has gone up 9.8 percent in one…
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