Global Markets Under Pressure Amid Rising Oil and Interest Rates
5 Articles
5 Articles
After record highs, stock exchanges are going down. A mix of high oil prices, inflation and interest-rate anxiety threatens prices. How investors react properly.
The largest decreases in the Portuguese exchange go to the Renewable EDP, which falls 2.54% to the 13.42 euros, followed by the EDP, which devalues 1.19% to the 4.66 euros, and the Mota-Engil breaks 0.92% to the 4.76 euros.
“September is starting on a bearish note, as a further rise in oil prices continues to fuel inflation expectations,” commented Ipek Ozkardeskaya, an analyst at Swissquote. The renewed tensions between the United States and Iran are helping “to rebuild part of the risk premium on oil, reviving concerns about the impact of higher energy prices on both growth and inflation,” explained Daniela Hathorn, an analyst for Capital.com. After a month of r…
Wall Street and Europe are likely to miss their return. The rise in bond yields and crude oil, against the backdrop of renewed hostilities between the... Read More Pressurized stock exchanges, investors watch Iran, rates and oil appeared first on Le Singulier.
The rise in oil prices to a five-week peak and a jump in bond yields have dampened risk appetite on global exchanges. In Asia, losses approached 4 percent, while an interest rate hike in New Zealand could not prevent a fall in the currency.
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