Opening Bell: U.S. Futures, Global Shares, Bonds Sell Off After Inflation Surprise
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📚 Daily Digest | Monday, Jun 13, 2022 | | | | Fed Fear, Celsius Freezes, China Covid Setbacks - What's Moving Markets | | | © Reuters. | Fear of a 75 basis point interest rate hike by the Fed sends bond yields higher and stocks lower. Stagflation fears hit Europe, as the U.K. economy shrinks in April and fears of Eurozone bond market stress increase. Bitcoin falls to an 18-month low after a big crypto lender suspends withdrawals amid a liquidity crisis. And Shanghai and Beijing both struggle to keep free of Covid-19, hitting world oil prices. Here's what you need to know in financial markets on Monday, 13th June. | | | | | | | | | | Don't Miss Out On Tomorrow's Webinar | | | | | | | | | |
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