US Open Note – Stocks to log a sharp monthly loss; Aussie picks up steam ahead of RBA
Posted on January 31, 2022 at 2:20 pm GMTStock indices consolidate January’s heavy losses; Eurozone bond yields spike January has been a rough month for global stock markets as more central banks prioritized their price objectives amid the inflation storm, with the Fed finally taking investors’ side and hinting at a faster pace of rate increases this year. Of course, US earnings releases have not demonstrated any panic so far even though companies keep facing supply constraints, but the reversal of easy-money policies in the near future is [..]