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FX Daily: How hawkish is too hawkish? | Hellenic Shipping News Worldwide

USD: Risk sentiment remains the primary driver, but downside risks are smaller now The shockwaves that originated from the slump in US tech stocks yesterday seem to have been absorbed without too much trouble by global equity markets, although more signs of sentiment instability did take some steam off the rally in pro-cyclical currencies. The ...
New Zealand Lael Brainard Pablo Hern Christine Lagarde Robert Holtzmann Klaas Knot

European shares fall after China data adds to growth woes | Hellenic Shipping News Worldwide

European stock indexes opened lower on Monday, after oil prices slid and riskier currencies took a hit during the Asian session as unexpectedly weak economic data from China highlighted fears about a slowdown in growth. China’s April retail sales plunged 11.1% on the year, almost twice the fall forecast, as full of partial COVID-19 lockdowns ...
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