Global markets are fearful of interest rate hike ahead this Tuesday (6)

Global markets are pricing in a larger cycle of interest rate hikes in the US and risk assets are at zero to zero. (Image: REUTERS/Brendan McDermid)

You global markets operating very pressured and on top of the wall this Tuesday (6). Investors are wary of risky assets (such as stocks, real estate funds, among others) due to fears about the cycle of rising interest rates in United States🇧🇷

Stock index futures in New York were zero to zero this morning, with the S&P 500 advancing just 0.1% before the market opened.

even in front of record orders for US industry and the intense recovery of service sectorinvestors are betting on a higher peak of interest rates in the countryespecially for a longer period of time.

Former US Treasury Secretary Larry Summers said in a recent interview, who do not believe that a terminal rate at 5% will be enough to manage to bring inflation back to the official target, hoping that interest rates will exceed 6% in 2023.

Mixed global markets

In Asia, the regional stock exchanges also had a mixed performance, even accounting for China’s easing on its Covid-zero policy. Hong Kong fell 0.4%, Shanghai became stable and Tokyo rose 0.24%.

O iron orean important thermometer for the OK 🇧🇷VOUCH3), closed down 0.64% on China’s Dalian Commodity Exchange, at 780 yuan a metric ton.

The Ibovespa in dollars (EWZ) advanced 0.33% to US$ 30.35 in the pre-marketwhich may indicate a positive opening of the brazilian scholarship at 10 am (Brasília time). On the eve, the Ibovespa fell 2.25% to 109.4 thousand points🇧🇷

O Brent oilan international reference used by the Petrobras 🇧🇷PETR4), was up 0.8% with each barrel worth $83.85.

Accompanying the rise of the commodity, the ADRs (receipts representing shares) of Petrobras (PBR) in New York stood at 3.07% in the pre-market🇧🇷 Vale’s ADRs (VALLEY) increased by 0.3%.

Source: Moneytimes

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