Archive for September 19th, 2022

New Overnight Developments Abroad - Daily Update

Risk Aversion Fueled by This Week’s FOMC Meeting and Hawkish Remarks from ECB Officials

September 19, 2022

The rout in equities retains plenty of momentum today even though Japan and Great Britain are respectively closed in observance of Respect for the Aged Day and Queen Elizabeth’s state funeral. Share prices closed down 1.4%, 1.1%, 1.0% and 0.9% in China, South Korea, Hong Kong and Taiwan, and losses have occurred thus far in […] More