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Asset Summary – Friday, 20 March
Asset Summary – Friday, 20 March US DOLLAR is facing downward pressure as other major central banks signal a move towards tighter monetary policy, strengthening their respective currencies and diminishing the dollar’s relative appeal. While the Federal Reserve remains cautious about cutting rates, other central banks like the ECB, BOJ, and BOE are hinting at…
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Dow Jones Futures Tumble Amid Stagflation Fears – Friday, 20 March
US equity futures, including those tied to the Dow Jones, experienced a decline, reaching their lowest levels since November. This downturn was primarily fueled by persistent concerns about stagflation stemming from elevated energy prices and geopolitical tensions. The pro-inflationary environment, coupled with hawkish signals from the Federal Open Market Committee (FOMC), further contributed to the…
