New York: World stocks rose on Wednesday while the results of the Ministry of Finance and the dollar fell, after inflation data A.S.
The latest shows price pressure soaring but in expectations, it seems to suggest the Federal Reserve does not have to raise too aggressive interest rates.
Oil prices reached a two-month high, appointed with strict inventory and easing concerns over the spread of the omicron coronavirus variant.
Data shows the consumer price index A.S.
Tiring 7% defeat in 12 months to December, the biggest annual increase since June 1982.
But in estimates, which seem to convince investors.
“Today’s inflation report continues to strengthen the theme that a striking price increase does not hinder demand,” said Rick Rieder, head of the head of Blackrock’s head of global fixed income and the Head of the Global Allocation Investment Team Blackrock.
“We don’t think the Fed will react over this condition,” Rieder said, adding that he expected the Fed to raise interest rates in March.
The Benchmark S & P 500 Index rose 0.28%, the Nasdaq composite added 0.23%, and the Dow Jones Industrial Average edged up 0.11%.
Stronger advantages for European and Asian stocks.
The Pan-European Stoxx 600 index rose 0.65%.
FTSE 100 UK rose 0.81% to one year high, appointed by mining and oil giants.
Japanese Nikkei rose 1.9% last night, while the most extensive MSCI index of Asia-Pacific shares outside Japan closed 1.95%.
The floating global equity market raised the size of MSCI shares around the world rose 0.8%.
The 10-year treasury benchmark dropped to 1.7481% after falling 1.7269% – more than seven basis points from a high hit almost two years on Monday.
Fed Fund Futures predicts nearly four interest rate increases this year, seismic changes from a few months ago.
Long-term rates are relatively stable.
Interest rates Price A.S.
peaked at 1.5% in the third quarter of 2024, much lower than the previous US level tightening cycle.
“It seems to be a fait accompli that the Fed will increase interest rates quickly, even if inflation comes a little below expectations,” Commerzbank analysts said in client records.
“In the worst scenario, the elevator-off will not be in March, but in May or June.” The dollar reached a two-year low in inflation report, with the dollar index fell 0.666% to 94.97 against a basket of six major currencies.
The dollar which struggled to lift the euro rose 0.66% to two months high near $ 1.14430, and increased spot gold by 0.2% to $ 1,825.40 an ounce.
The prospect of an increase in interest rates by the Bank of England also pushed Sterling.
The pound jumped 0.52% to $ 1.37045, the highest in more than two months against the dollar.
In the oil market, crude oil spikes 1.92% to $ 82.78 per barrel and Brent at $ 84.76, up 1.24%.
“Omicron is the story yesterday now,” said Luca Paolini, head of strategist at Pictet Asset Management.
“The market doesn’t move in Omicron but on income, Fed and economic data.” Not all major central banks are tightening policies.
In China, softer readings than expected at prices have attracted bets in policy easing.
The five-year Chinese government bond futures rose eight fleas to 18-month high before trimming increased.
Yuan’s advantage is also limited.