world markets news in brief

World Markets Daily News – In Brief – Wednesday 15/06/2022



ASX extends losses ahead of US interest rate decision

The Australian sharemarket has fallen another 1.3 per cent with a looming US interest rate decision on the horizon.


Asia Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the mostly negative cues overnight from global markets, with investors largely making cautious moves ahead of the U.S. interest rate decision later in the day


Europe opens higher in anticipation of Fed hike

European stock markets started Wednesday’s session with gains as investors looked forward to the United States Federal Reserve’s interest rate decision, expecting a 75 basis-point hike.


Stock futures edge higher as investors brace for a big Fed rate hike

Stock futures were slightly higher in early morning trading on Wednesday as investors anxiously awaited the Federal Reserve’s aggressive action to tame surging inflation.


Gold up on lower yields as investors await big Fed rate hike move

Gold prices on Wednesday were lifted from near one-month lows by weaker Treasury yields, ahead of a potentially aggressive interest rate hike from the U.S. Federal Reserve as it seeks to combat inflation amid mounting fears of an impending recession.

. FT (UK)

ECB calls unscheduled meeting to discuss market turmoil

Borrowing costs for heavily indebted countries climb to eight-year highs


Bitcoin Rout Hits ‘Darkest’ Phase With Entire Market Underwater

The bear market for Bitcoin has entered its “deepest and darkest” phase, with even long-term holders who had toughed it out until now coming under extreme pressure.