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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 20Dec2022 英语口语听力 附原文及实用单词短语

20 Dec 2022

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【今日单词】awestruck /ˈɔːstrʌk/adjectivefilled with or revealing awe."people were awestruck by the pictures sent back to earth"----------------------------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• US stocks extend slide as central banks point to challenging 2023• Hangover as monetary policymakers temper optimism around inflation• Oil prices slip and natural gas also retreats sharplyUS stocks slipped further yesterday after a sharp sell-off in the previous session triggered by warnings from multiple central banks that interest rates are likely to remain higher for longer to battle inflation.Wall Street’s S&P 500 fell 1.4 per cent in early afternoon New York trading to its lowest level in a month, while the tech-heavy Nasdaq Composite lost 1.5 per cent.Across the Atlantic, the Stoxx Europe 600 fell 1.2 per cent and London’s FTSE 100 lost 1.3 per cent.The moves come after a week in which the US Federal Reserve, the Bank of England and the European Central Bank all slowed the pace of their interest rate rises while warning that further tightening of monetary policy would be required.Financial markets had been left “awestruck” by the hawkishness of various central banks, said Agnès Belaisch, chief European strategist at the Barings Investment Institute. “This is emerging market-type repricing post a central bank meeting, it’s wild.”Economists think inflation has peaked in the US, UK and Europe but any good news was this week overshadowed by grim forecasts of slowing economic growth and higher unemployment.Yields on longer-dated government bonds in the US and Germany have dipped below yields on shorter-dated notes, indicating a slowdown on the horizon in both regions.The yield on the two-year German government bond, which moves with rate expectations, yesterday rose 1 basis point to 2.43 per cent, close to its highest level since 2008.“While other major central banks have started to prepare for the end of their hiking cycles, the ECB is giving the impression that it has just got started,” said Carsten Brzeski, global head of macro at ING.The central bank’s message that interest rates were set to rise “significantly” at a steady pace amounted to a “hawkish pivot” and suggested “the last doves must have left the ECB building”, Brzeski added.Oil prices slipped with Brent crude, the international oil benchmark, down 3 per cent at $78.81 a barrel.Natural gas prices retreated sharply as temperatures were forecast to climb in late December, with Dutch TTF gas futures, the benchmark European contract, down 12 per cent to €117.50/MWh.

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