According to Deep Tide TechFlow news, on November 14, the hawkish signals issued by Fed officials extinguished the market's hopes for a rate cut in December in the U.S., coupled with the still chaotic data calendar and concerns over the AI bubble, global stock markets and precious metals markets suffered heavy losses on Friday.
The blue-chip stock markets in Tokyo, Paris, and London have all fallen sharply, with new concerns over the upcoming UK budget exacerbating the pain in the UK market. US stock index futures indicate a bleak opening for Wall Street, following significant declines on Thursday.
Jeremy Stretch, the Forex Strategy Head at CIBC Markets, stated: “Our expectations for a rate cut in December have returned to a 50-50 chance, and this, coupled with concerns over the AI bubble, has disrupted the stability of market sentiment, which has become volatile this month.”
At the same time, the White House crushed market hopes that the state of the U.S. economy would soon become clearer, stating that U.S. unemployment data for October may never be available, which intensified the view that the Fed may pause actions until more clear information is obtained. ( Jin Ten )
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
