Global stocks mostly fall amid central bank concerns

European and US stocks mostly fell on Friday, with investors focused firmly on central bank interest rate hikes as the US dollar rallied.

After slumping through the first half of 2022 amid concerns over central bank tightening, stocks have done better since the end of June as investors bet on a pivot by the Federal Reserve some time in the near future.

In Europe, London's blue-chip FTSE-100 index just barely managed to stay in the green, but Paris and Frankfurt tumbled around one percent. Patrick O'Hare, analyst at Briefing.com, said the recent rally has been driven by the market"embracing a belief that the Fed won't have to get overly restrictive with its monetary policy before ultimately shifting to an easing stance."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

eNCA /  🏆 49. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Daily Lotto results: Friday, 19 August 2022 | The CitizenTonight's jackpot is R550,000! Here are your winning Daily Lotto results.
Read more »

PowerBall and PowerBall Plus results: Friday, 19 August 2022 | The CitizenA total of R57 million in jackpots is up for grabs. Here are your PowerBall and PowerBall Plus results.
Read more »

Watch: Happy Friday Cape {town} Etc family!Can we please talk about how much we love (or not) South African comedian, Kevin Fraser's videos? He brings the Friday feels in his latest video.
Read more »

Friday Treat For Our Mountain Biker Readers Out There [Video]After years of making fun of cyclists and bikers, let it be known that we come in peace. You have Greg Minnaar and the fact we're trying to age gracefully to thank for that.
Read more »

JSE faces muted Asian markets on Friday as investors mull Fed outlookMarkets continue to watch data releases closely as they try to gauge whether or not the worst of aggressive monetary policy tightening is over
Read more »

TKZee’s Tokollo 'Magesh' Tshabalala to be laid to rest on Friday | The CitizenThe funeral service is expected to take place at the Rhema Bible Church in Randburg before proceeding to the Westpark Cemetery.
Read more »