Global equity bulls lingered in the vicinity on Tuesday as mar | FXTM Forex Market News

Global equity bulls lingered in the vicinity on Tuesday as market sentiment stabilized following the Fed induced sell-off last Friday. Stocks in Europe flashed green while US futures rallied thanks to the risk-on mood. Although investors seem to be digesting the Fed’s vow to tame soaring inflation, a sense of caution continues to linger in the air ahead of another busy week for financial markets.

Last Friday, the S&P 500 was beaten black and blue by a firmly hawkish Jerome Powell. After stating that the Fed had no plans Read More (https://www.forextime.com/market-analysis/sp-500-bracing-more-pain-ahead-nfp-0)