World stocks fell towards fresh 2022 lows and the Japanese yen slid to levels not seen in nearly a quarter of a century on Monday as red-hot US inflation fuelled worries about even more aggressive policy tightening in a big week for central banks.
An index of world stocks is down 0.7%, just shy of a new 2022 low. European stock indices are a sea of red in early trading with benchmark shares down nearly 2% while US stock futures indicated a lower start. European bonds were also caught up in the broadening debt market sell-off after a hawkish European Central Bank meeting last week, with two-year German bond yields rising above 1% for the first time in more than a decade.
Multiple indicators of growth in markets slumped on Monday from technology shares in Hong Kong to the Australian dollar as investors fled to the perceived safe haven shelter of the US dollar.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
3 Of the biggest wellness trends to keep an eye on in 2022From the 'shroom boom' to the latest sex trends, here are a few things experts are claiming will be big wellness trends as 2022 continues to unfold:
Source: CapeTownEtc - 🏆 17. / 63 Read more »
Sergio Perez ready for 2022 F1 title fight after ambitions have been rejuvenated | SportSergio Perez wants to win world titles with 'perfect match' Red Bull after extending his contract recently by two years. | Sport24news
Source: News24 - 🏆 4. / 80 Read more »
African Beer Cup 2022: Continent's best beers awardedAfrican Beer Cup 2022: Continent's best beers awarded The African Beer Cup also includes a special award which goes to a brewery showcasing traditional African ingredients in a beer.
Source: TheSAnews - 🏆 25. / 59 Read more »
Mzansi Bride Wedding Showcase returns for 2022Mzansi Bride Wedding Showcase returns for 2022 The Mzansi Bride Wedding Showcase provides a platform for couples planning their weddings to find every product and service under one roof!
Source: TheSAnews - 🏆 25. / 59 Read more »
Official: Real Madrid Confirm Second 2022/23 SigningBREAKING! Spanish giants Real Madrid have confirmed their second signing ahead of the 2022/23 season in the form of one of the world's leading midfield talents. SLInt MORE: You referring to Pogba
Source: Soccer_Laduma - 🏆 22. / 63 Read more »
2022 tax filing season for individuals – are you ready?TaxSeason is almost upon us! Here's what non-provisional, individual taxpayers should know, particularly about Efiling & auto-assessments. Tax sarstax
Source: Moneyweb - 🏆 5. / 77 Read more »