The tech-heavy
Nasdaq 100 has shed around $2.5
trillion in value in just two
months. Yet so far, the meltdown has
done little to scare the money
market into paring back rate-hike
wagers |
00:01 - 28/01/22 |
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Swaps linked to Federal Reserve meeting dates indicate that
traders are now pricing in around 30 basis points of
tightening at the next central bank gathering in March |
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A measure of credit risk rose on Wednesday to the highest
level since November 2020 after Jerome Powell said the Fed
was ready to raise interest rates in March |
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Bitcoin
has tracked the sharp fluctuations of traditional markets
this year as the link between cryptocurrencies and
mainstream financial assets tightens |
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Chile’s central bank surprised economists with a
bigger-than-expected increase to its key interest rate |
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