- October 31, 2022
- Posted by: Stratford Team
- Category: Economy
(Bloomberg) — The dollar rose while equity futures gave mixed signals at the start of a pivotal week for markets that will see interest rate decisions from central banks including the Federal Reserve.
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US contracts opened lower Monday while futures for benchmark share gauges in Japan, Hong Kong and Australia advanced earlier after stocks on Wall Street rallied Friday. The dollar made small advances against most major currencies, suggesting caution among traders.
Government bond yields in Europe and the US climbed Friday amid concern that inflation will delay any shift by policy makers to slow aggressive rate hikes. A core gauge of US inflation accelerated in September, bolstering the case for another jumbo 75-basis-points move. Yields opened higher in Australia and New Zealand.
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