Archive for August 29th, 2022

New Overnight Developments Abroad - Daily Update

Further Retreat of Equities

August 29, 2022

The realization that central bank rate normalization isn’t stopping has depressed equities further, although share prices are currently above intra-day lows in the United States and Europe. Markets in the Pacific Rim closed down 2.7% in Japan, 2.3% in Australia and Taiwan, 2.2% in South Korea and 1.5% in Indonesia. British markets are shut for […] More