Reply To: Traders Market Weekly: Markets Rupture with Soaring yields and Fund Outflows

#44530
Truman
Participant

There are growing calls for the Bank of England to announce an emergency rate hike while British Prime Minister Truss could announce additional tax cuts.
European Central Bank policymaker De Guindos acknowledged expectations for a slowdown, adding that GDP growth in Q3 and Q4 could be close to flat.
Standard & Poor’s affirmed Germany’s AAA rating with a Stable outlook.
Germany’s September ifo Business Climate 84.3 (expected 87.0; last 88.6). September Current Assessment 94.5 (expected 96.0; last 97.5) and Business Expectations 75.2 (expected 79.0; last 80.5)