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MORNING BID-On the fence

November 23, 2022
Source: devdiscourse.com devdiscourse.com
News Snapshot:
A look at the day ahead in European and global markets from Ankur Banerjee: Investors are holding back on big bets as COVID curbs in China keep risk appetite in check, while the focus is shifting firmly to the Fed minutes due to be released later on Wednesday. The market has been looking, almost clamouring, for signs of slowdown in the pace of interest rate hikes. The oft-looked-for but not-yet-sighted Fed pivot might be on the horizon. Or so the market hopes. Wednesday also happens to be PMI day with preliminary November readings scheduled to be released across the globe,...
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