Global Market Insights - Forex, Futures, Stocks

Dollar stalls, stocks given a lifeline as rate hike bets scaled back

June 24, 2022 XM.com
Global Market Insights - Forex, Futures, Stocks
Dollar stalls, stocks given a lifeline as rate hike bets scaled back
Show Notes

European and US PMI data underscore recession risks, dampen price outlook. Falling commodity prices add to reduced inflation expectations. Investors go back to the drawing board for central bank rate hike paths. Stocks rejoice as yields slip too, but dollar consolidates.

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