Opening Bell: Global Stocks Jump On China Pro-Business Assurance; Oil Recovers
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| 📚 Daily Digest | Wednesday, Mar 16, 2022 | | |  | | | | Fed Decision, Chinese Verbal Intervention, Retail Sales - What's Moving Markets | | |  | | © Reuters. | | The Federal Reserve is set to raise interest rates for the first time in over three years - but how many more hikes will the central bank guide for this year? Retail sales data for February are due. China's government and central bank promise support to the economy and to financial markets, triggering the biggest one-day rally in Chinese stocks in years. U.S. stocks are set to build on Tuesday's gains as oil remains under pressure, relieving some of the fears about stagflation. And the Russian Federation is expected to miss payments on its international debt for the first time. Here's what you need to know in financial markets on Wednesday, 16th March. | | | | | | | | | | | | | | | | |  | | | Discover Overlooked Stocks | | | InvestingPro+ offers users fundamental metrics, actionable insight and comparative analysis. Like nothing you've ever seen before. | | | | | | |  | | | | | | | | | |
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