New Overnight Developments Abroad - Daily Update
Tightening Monetary Policies Continue to Lift the Dollar but Depress Share Prices
August 22, 2022
Financial markets are in a risk-averse mood ahead of the annual Jackson Hole Symposium that begins at the end of this week. U.S. stock futures were down 1.0-1.5% shortly before the opening bell. European stock markets had sunk so far today by 2.1% in Germany, 1.7% in Italy, 1.6% in France and 1.0% in Spain. […] More