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每日晨读金融时报|英语口语听力|原文及实用单词短语

每日晨读金融时报 02Nov2022 英语口语听力 附原文及实用单词短语

02 Nov 2022

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【今日单词】复习 barometer /bəˈrɒmɪtə/nounsomething which reflects changes in circumstances or opinions."furniture is a barometer of changing tastes"----------------------------原文如下:The day in the marketsby George Steer(来自:The Financial Time 金融时报)What you need to know• Wall Street stocks fade as traders await Fed meeting• US Treasury bonds slip while Bunds trade steadily• European equities advance but Asian indices mixedUS stocks fell yesterday as investors braced themselves for this week’s widely anticipated Federal Reserve meeting and a fresh round of corporate earnings.Wall Street’s benchmark S&P 500 fell 0.8 per cent in afternoon trading in New York while the tech-heavy Nasdaq Composite lost 1.1 per cent.Both indices finished higher on Friday, registering back-to-back weekly gains for the first time since August, despite companies including Amazon, Facebook owner Meta and Google parent Alphabet disappointing investors with their third-quarter results and forward guidance.The concerns over corporate America come at a time when market participants are also keeping a keen eye on policy meetings at the Bank of England and Fed this week.The US central bank is forecast to implement its fourth straight 0.75 percentage point rate rise tomorrow and to signal further increases in an effort to curb rapid price growth even as fears mount that the US could enter recession.The Chicago Business Barometer, which measures corporate activity in the US midwest, fell to 45.2 in October, down from 45.7 in September and below the 47 figure expected by economists polled by Reuters. A figure below 50 indicates a contraction.Mark Haefele, chief investment officer at UBS Global Wealth Management, said the latest inflation figures meant it was “too early” for the Fed to follow the Bank of Canada or the European Central Bank in issuing “less hawkish signals”.Investors have also been watching the latest corporate earnings season for signs of strain from high inflation and rising borrowing costs.Companies listed on the S&P 500 have so far reported year-on-year earnings growth of 2.2 per cent for the third quarter, according to FactSet data, which has taken into account groups that have reported and estimates for those that have not. That would mark the lowest rate of profit expansion since the third quarter of 2020.In government bond markets, the yield on the 10-year US Treasury note added 3 basis points to 4.04 per cent as its price fell. The yield on 10-year German Bunds was steady at 2.1 per cent.In equity markets, the pan-regional Stoxx Europe 600 added 0.4 per cent. London’s FTSE 100 gained 0.7 per cent, erasing an earlier loss.In Asia, Tokyo’s Topix gained 1.6 per cent and Hong Kong’s Hang Seng index fell 1.2 per cent.

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