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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 16, 2022. They also indicate a real chance that rates could hit 4.5% as the Fed is forced to tip the economy into recession to subdue inflation. However, most assets have suffered this time, perhaps due to the surge in inflation and abrupt policy change." (.SX8P) read moreS&P 500 futures lost 0.9%, and Nasdaq futures fell 1%. read moreChina's central bank went its own way though, and cut a repo rate by 10 basis points to support its ailing economy.
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 16, 2022. However, most assets have suffered this time, perhaps due to the surge in inflation and abrupt policy change." read moreChina's central bank went its own way, though, and cut a repo rate by 10 basis points to support its ailing economy, leaving blue chips (.CSI300) up 0.1%. The dollar index , which measures the currency against six counterparts, was 0.4% stronger at 110.03. Oil prices slid, pressured by the stronger dollar Brent crude fell 1.3% to $90.18.
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