Archive for August 22nd, 2022

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

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