Tag Archives: ECB

Stocks Open Eyes, See Fed Pivot Hawkish; ECB Hike into Recession, Start QT; BoE Hike into Recession; SNB Hike, Sell Foreign Currency Assets

ECB’s assets drop by €800 billion. Mexico hiked too today, way ahead of the Fed, keeps peso from falling against USD. By Wolf Richter for WOLF STREET. On Thursday, the S&P 500 Index dropped 2.5%. Since the Tuesday morning spike, it plunged by 5.0%. The Nasdaq dropped 3.2% today. Since the Tuesday morning …

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