A morning of central bank decisions comes to an end. Culminating in a dovish 'Hike 25' from the BoE.
ECB seems to be the outlier now in terms of 'far from done'.
Before The Bell Roundup:
- Wall Street futures climbed, a day after the Federal Reserve hinted it was close to pausing its market-punishing interest rate hikes following the recent turmoil in the banking sector.
- European equities fell with lenders leading declines while Japan's Nikkei share average closed lower.
- Gold prices extended gains as the dollar headed for its longest losing streak in 2-1/2 years.
- Oil prices dipped as U.S. crude stockpiles swelled. Later in the day the jobless claims and home sales data are due for release.
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News Stories from the European Session
- BoE Hike 25 bps 7-2 vote split
- Italy preparing new $5.5 billion euro package to offset costly energy bills, sources say
- Turkish central bank leaves one-week repo rate unchanged at 8.5 pct
- @Newsquawk's US Market Open: Futures firmer & DXY downbeat
- Norges Bank Hike 25bps to 3%
- SNB Hike 50bps
- Investors cut bearish bets on most Asian FX as policy rate bets shift
- Swiss regulator gives information about Credit Suisse bond write-down
- @Newsquawk's Market Open: Fed hikes 25bp "ongoing" reference dropped; BoE/SNB & more ahead
- EU leaders set to back steps to compete with US, China
