Equity markets have recouped some of the losses they endured earlier this week ahead of the Jackson Hole Symposium which starts today.
Equity markets are experiencing low volatility today as traders look ahead to the Federal Reserve’s meeting on Wednesday, interest rate futures are factoring in a high probability of a 75-basis points hike.
The euro continues to see high levels of volatility more than 24 hours after the European Central Bank hiked interest rates by 50 basis points.
Equity markets are moving higher today as traders are less fearful of the possibility of China slowing down, it also helps that government bond yields have dipped.
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