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Find all the economic and financial information on our Orishas Direct application to download on Play StoreSweden raised rates by 100 basis points while European stocks fell.
“The prospect of strong rate hikes and warmongering rhetoric from the FOMC (Wednesday) and the Bank of England (Thursday) leaves little room for optimism, the Swedish central bank Leading the way after raising rates by a full percentage point today,” said Josh, IG's senior market analyst. Mahony over the fall in European equities and the rise in Swedish interest rates by 100 basis points, which are a surprise and raise concerns about the risk of more aggressive interest rate hikes elsewhere. However, geopolitics from Ukraine seemed to be getting worse.
With the German Bund's one-year yield up 12 basis points to 1.417%, British and Italian public debt with a similar maturity up by one and three basis points Peaking at 3.16% and 2.217%, respectively, bond yields were up amid belligerent expectations from central bank policy.
Despite the fact that under Moscow's control, all four Ukrainian regions had accelerated their plans for referendums on whether to join Russia, L 39; Russia's RTS benchmark fell 5.83% to 1,017.01.
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