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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

每日金融时报 | 22Sep2022 | 英语口语听力 | 附原文及实用单词短语

22 Sep 2022

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【今日短语】jack up raise something, especially a vehicle, with a jack."jack the car up until the wheel can spin freely"-----------------------原文如下:The day in the marketsby  Chris Flood and Harriet Clarfelt(来自:The Financial Time 金融时报)What you need to know• Ford slips almost 7% as supplier costs soar by a further $1bn• S&P 500 drops 0.8%, while the tech-heavy Nasdaq Composite slides 0.7%• Yield on 10-year German Bund jumps 0.15 percentage points to 1.94%US stocks turned lower yesterday and government bonds came under pressure, as investors awaited an interest rate decision by the Federal Reserve.Wall Street’s S&P 500 gauge lost 0.8 per cent, while the technology-heavy Nasdaq Composite slid 0.7 per cent. In Europe, the regional Stoxx 600 gauge fell 0.8 per cent, while London’s FTSE 100 slipped 0.5 per cent as traders returned after a UK public holiday to mark the state funeral of Queen Elizabeth II.Central bankers are poised this week to discuss how far they can jack up borrowing costs to curb rapid price growth, while facing the prospect of a prolonged global economic downturn.In a reflection of the challenges weighing on corporate America, shares in Ford slipped almost 7 per cent in early dealings yesterday after the carmaker said on Monday that inflation-related supplier costs in the third quarter would run about $1bn higher than expected.That announcement came days after a profit warning from FedEx led the group’s shares to their biggest daily drop on record.Yields on US government debt ticked upwards yesterday, after reaching their highest levels in more than a decade on Monday ahead of the start of the Fed’s two-day meeting at which rate-setters are expected to deliver a third 0.75 percentage point rate rise in a row.The yield on the 10-year US Treasury note added almost 0.1 of a percentage point to 3.59 per cent, having pushed above the 3.5 per cent threshold in the previous session for the first time since April 2011. The yield on the policy-sensitive two-year bond remained at a 15-year high of 3.98 per cent.Selling pressure was more pronounced in eurozone debt markets, with the yield on the 10-year German Bund up 0.15 percentage points to 1.94 per cent. The UK’s 10-year gilt yield also added 0.15 percentage points to 3.3 per cent, while the two-year gilt yield rose 0.22 percentage points to 3.34 per cent.In the UK, markets are pricing in the likelihood of the Bank of England raising interest rates by 0.75 percentage points this week, following a 0.5 percentage point increase in August, the sharpest rise in 27 years.Sweden’s central bank raised its policy interest rate by a full percentage point to 1.75 per cent.Sterling slipped 0.4 per cent to $1.139 after sinking on Friday to its lowest level against the dollar since 1985.

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