Analysis: Fed's hawkish remarks extinguish hopes for rate cuts, global markets face "Black Friday".According to Deep Tide TechFlow news, on November 14, the hawkish signals from Fed officials extinguished the market's hopes for a rate cut in December, coupled with the still chaotic data calendar and concerns over the artificial intelligence bubble, leading to a heavy blow to global stock and precious metal markets on Friday.
The blue-chip stock markets in Tokyo, Paris, and London have all seen significant declines, as new concerns over the upcoming UK budget have intensified the pain in the UK market. US stock index futures indicate a gloomy opening for Wall Street, following substantial losses on Thursday.
Jeremy Stretch, the head of forex strategy at CIBC Markets, stated: "Our expectations for a rate cut in December have returned to a 50-50 split, and this, along with concerns about the artificial intelligence bubble, has disrupted the stability of market sentiment; this month, market sentiment has become erratic."
At the same time, the White House crushed the market's expectations for the Fed.
DeepFlowTech·18m ago