每日金融时报 07Oct2022 英语口语听力 附原文及实用单词短语

【今日单词】convulse /kənˈvʌls/verb1. suffer violent involuntary contraction of the muscles, producing contortion of the body or limbs."she convulsed, collapsing to the floor with the pain"2.throw (a country) into violent social or political upheaval."a wave of mass strikes convulsed the Ruhr, Berlin, and central Germany"------------------------原文如下：The day in the marketsby Ian Johnston(来自：The Financial Time 金融时报)What you need to know• Wall Street stocks snap strongest rally since depths of pandemic• Core government bond prices decline after days of gains• Pound weakens after Truss attempt to reassure marketsUS stocks and government bond prices fell yesterday, putting the brakes on a rally fuelled by investors looking for bargains and weak economic data easing fears over interest rate rises.The broad S&P 500 was down 0.9 per cent by noon in New York, having ended the previous session up 3.1 per cent.The tech-heavy Nasdaq Composite fell 1.3 per cent. Across the Atlantic, the pan-regional Stoxx 600 fell 1 per cent.Tuesday’s moves had taken the S&P’s advance over two days to 5.7 per cent — its strongest such rally since the depths of the pandemic in spring 2020 — as some analysts and investors identified bargain opportunities after three straight quarters of losses.The gains had picked up following the release of weaker than expected US labour market data on Tuesday that showed the number of job vacancies in the largest economy dropped in August to 10.1mn, below economists’ forecasts of 10.8mn and the previous month’s figure of 11.2mn.Jobs reports have been closely watched as an indicator of how far and fast the US Federal Reserve will tighten monetary policy to curb inflation with stronger data driving expectations of more aggressive action and weaker numbers soothing concerns over the scale of future rate rises.The figures on Tuesday were “the first official indicator to point unambiguously, if not necessarily reliably, to a clear slowing in [labour] demand”, said Ian Shepherdson, chief economist at Pantheon Macroeconomics.In debt markets, the yield on the 10-year US Treasury note added 16 basis points to 3.78 per cent as its price dropped sharply. UK bonds also came under pressure with the equivalent gilt yield rising 16bp to 4.03 per cent.Gilts had convulsed last week in response to Westminster’s “mini” Budget as investors took fright from new chancellor Kwasi Kwarteng’s proposed tax cuts and extensive borrowing plans.Selling pressures eased only when the Bank of England intervened last Wednesday to calm the turbulence.The pound lost 1.8 per cent against a broadly stronger dollar to trade at $1.127 following Liz Truss’s Conservative party conference speech in which she sought to reassure markets by stating her commitment to fiscal discipline.Asia followed Tuesday’s gains for US stocks higher with the Hang Seng index closing up 5.9 per cent as it reopened after a public holiday.

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