Stock Markets Today: Shares Fall on Hawkish Fed, China COVID
The rise in COVID cases in China prompted lockdowns and restrictions as the country steps up its zero-Covid policy, as inflation in the country rose.
Source: businessinsider.com
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Dollar Will Be Dominant as Long as Fed Remains Hawkish: Reuters Poll
The U.S. dollar will continue to remain dominant as long as the Federal Reserve continues with its aggressive policy of raising interest rates and unloading bonds bought during the COVID-19 pandemic, says a poll of forex strategists by Reuters.
Source: theepochtimes.com