Countries Affected by Rising US Rates on Currencies, Equities, Bonds, and Commodities
Monday, 7 October 2024, 04:31
Shifts in Global Markets Due to Rising US Rates
The recent uptick in US rates is impacting a variety of sectors across different countries. In terms of currencies, countries reliant on US investments are seeing fluctuations. Meanwhile, equities have shown weakness, evident in the performance of US and European markets.
Currencies Feeling the Pressure
- The value of the US dollar is appreciating.
- Emerging market currencies are under duress.
Equities Decline as Rates Climb
US stock futures are down by about 0.50%-0.75%. The Stoxx 600 has lost most of its previous gains.
The Bond Market's Reaction
- Bonds are seeing varying reactions depending on maturity.
- Longer-term rates are climbing, impacting investment decisions.
Commodities Viability
Commodity markets reflect uncertainty with pressures on prices due to rising costs of financing.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.