brace

Wall Street Banks Prep For Grim China Scenarios Over Taiwan

Wall Street banks brace for bleak China scenarios over Taiwan

The fiery rhetoric between Beijing and Washington over Taiwan has unsettled business. Global financial firms, still plagued by multibillion-dollar losses in Russia, are now reassessing the risks of doing business in Greater China after tensions escalated over Taiwan. Lenders including Societe Generale SA, JPMorgan Chase & Co. and UBS Group AG have asked their staff …

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After Turkey's stock market tumbles, investors brace for another rate cut as inflation soars

After Turkey’s stock market tumbles, investors brace for another rate cut as inflation soars

An electronic board displays information about exchange rates at a currency exchange office in Istanbul, Turkey, Monday, August 29, 2022. Nicole Tung | Bloomberg | Getty Images Investors brace for another potential interest rate cut – or simply a hold at the current rate – as Turkey refuses to follow economic orthodoxy in tackling its …

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Brace yourself: the Fed is about to inflict “some pain” with a 75 basis point rate hike.  Here's how to prepare your wallet and wallet.

Brace yourself: the Fed is about to inflict “some pain” with a 75 basis point rate hike. Here’s how to prepare your wallet and wallet.

The Fed is ready to bring the pain. Are you ready? A few weeks ago, Federal Reserve Chairman Jerome Powell warned that there would be “difficulties for households and businesses” as the central bank raises interest rates to fight higher inflation. higher than it has been for four decades. Powell and other members of the …

Brace yourself: the Fed is about to inflict “some pain” with a 75 basis point rate hike. Here’s how to prepare your wallet and wallet. Read More »

European stocks mixed as markets brace for more Fed action;  Uniper down 17%

European stocks mixed as markets brace for more Fed action; Uniper down 17%

Oil prices rise after Putin announces partial military mobilization The Bank of England faces a crucial policy decision on Thursday as the pound hits a multi-decade low Bank of England Governor Andrew Bailey said central bank independence “is critically important”. Bloomberg | Bloomberg | Getty Images The Bank of England’s monetary policy committee will announce …

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Asian stocks fall, yields rise as markets brace for aggressive Fed

Asian stocks fall, yields rise as markets brace for aggressive Fed

Visitors walk past the Japan Nikkei stock price quotation board inside a conference hall in Tokyo, Japan September 14, 2022. REUTERS/Issei Kato/File Photo Join now for FREE unlimited access to Reuters.com Register TOKYO, Sept 21 (Reuters) – Stocks in Asia fell and bond yields rose on Wednesday as investors braced for another aggressive interest rate …

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