每日晨读金融时报 08Dec2022 英语口语听力 附原文及实用单词短语

【今日单词】impending /ɪmˈpɛndɪŋ/adjective(of an event regarded as threatening or significant) about to happen; forthcoming."the author had returned to his country ahead of the impending war"----------------------------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• Brent at lowest since start of year• S&P and Nasdaq both down• US services data stoke rate rise fearsUS stocks slid and Brent crude touched its lowest level since January after a round of strong economic data revived concerns the Federal Reserve will rapidly lift borrowing costs to tame inflation.The benchmark S&P 500 was down 1.2 per cent and the tech-heavy Nasdaq Composite fell 1.5 per cent in New York yesterday morning, extending their heavy declines from the previous session.Brent crude, the international oil benchmark, fell below $80, down 3.6 per cent, as traders took hotter than expected US services data on Monday as a signal the Fed would keep raising rates.Investors took fright at a report from the Institute for Supply Management showing its index, which tracks economic activity in the US services sector, expanded for the 30th month in a row in November. The Fed has raised its main rate to a target range of 3.75 per cent to 4 per cent from zero at the start of the year.“A stickier inflation outlook increases the prospect of a weaker economy heading into 2023,” said Michael Hewson, chief market analyst at CMC Markets in the UK.Fresh data yesterday suggested US oil demand this year would be slightly lower than anticipated — up 470,000 barrels a day rather than the 490,000 expected.Paul Horsnell, head of commodities research at Standard Chartered, said oil was responding negatively to both good and bad economic data.“A negative US economic data point causes oil to be sold as recessionary fears increase, but a positive data point can also cause oil selling through being good for the US dollar and negative for risk assets,” he said. The Fed holds its final meeting of the year next week, and the European Central Bank and Bank of England are also set to make policy calls.US government bonds gained in price after selling off sharply following the ISM release. The yield on the interest rate-sensitive two-year Treasury fell 0.01 percentage points to 4.38 per cent. The yield on the benchmark 10-year note lost 0.04 percentage points to 3.56 per cent. Yields fall as prices rise. Short-term debt yielding more than long-term debt tends to indicate an impending recession, and Julian Howard, lead investment director at GAM, said the Treasury market was “correctly hinting the [US] economy is going to get really, really hit”.Europe’s Stoxx 600 fell 0.6 per cent, as did London’s FTSE 100. Hong Kong’s Hang Seng shed 0.4 per cent, while China’s CSI gained 0.5 per cent.Futures on the European gas benchmark, TTF, rose up to 4 per cent to €141 a megawatt hour after cold weather in northern Europe. 

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