Friday, 30 June 2017

Markets fall amid signs central banks turning hawkish

Markets mostly fell on Thursday.

The S&P 500 fell 0.9 percent and the STOXX Europe 600 fell 1.3 percent.

Earlier on Thursday though, the Nikkei 225 rose 0.4 percent.

Global bonds fell as investors became concerned that other major central banks may be joining the Federal Reserve in tightening monetary policies.

“In recent days, there have been hawkish indications from the ECB’s Draghi, the Bank of England’s Carney and Bank of Canada’s Poloz, all of which have signaled a potential end to their easing programs could be close,” said Richard Perry, market analyst at Hantec Markets.

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