Briefings

Week InReview: December 16, 2022

More pain.

Asian stocks are poised to drop after hawkish signals from central banks sparked a rout in US and European shares and a rally in the dollar. The S&P 500 closed at its lowest level in more than a month and the dollar climbed the most since September as investors sought haven assets after warnings by the Federal Reserve and the European Central Bank of more pain to come.


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