Page 16 - Arkets Wrap News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Market expectations suggest the fed funds rate will be 4.25% - 4.50% by the end of the year, a sharp rise from the 0% - 0.25% range in March.

Stocks in Asia and Europe slipped after US inflation rose 8.3% in August, making aggressive Federal Reserve rate hikes more likely.

Benchmark natural gas prices fell by over 7% as Ukrainian forces advanced into the Russian-held Kharkiv province.

"A short-term shift is likely on the macro front, with the dollar and Treasury yields poised to consolidate for a couple weeks," Katie Stockton said.

Even small moves lower in both the US dollar and Treasury yields could have a big impact on different asset classes, according to Fairlead Strategies.