英式商务英语【12Sep2022】附原文及实用单词短语

【今日单词】peripheraladjectiverelating to or situated on the edge or periphery of something."the peripheral areas of Europe"forthrightlyfree from ambiguity or evasiveness : going straight to the point a forthright critic was forthright in appraising the problem.-----------------------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• Eurozone bonds slide after ECB raises interest rates• US stocks mixed following Powell’s reiteration of hawkish messaging• FTSE 100 gains but pound weakens as Truss announces energy packageEurozone bonds sold off yesterday after the European Central Bank raised interest rates by 0.75 percentage points and the chair of the US Federal Reserve reiterated hawkish rhetoric.Germany’s two-year Bund yield, which is sensitive to changes in interest rate expectations, jumped 28 basis points to 1.37 per cent, touching its highest level since 2011, according to Tradeweb data.The 10-year Bund yield, seen as a proxy for eurozone borrowing costs, added 17bp to 1.74 per cent.Those moves came after the ECB raised interest rates to 0.75 per cent, having lifted rates in July for the first time in more than a decade by 0.5 percentage points to zero.Rate-setters also committed to further rises in borrowing costs, underscoring the central bank’s determination to stamp out inflation ahead of economic growth.“The rate hikes will further raise borrowing costs of peripheral countries and tighten financial conditions, which may deepen the recession,” said Willem Sels, global chief investment officer at HSBC Private Banking. “The ECB must have judged that this is the price to pay for crushing the inflation dragon.”Inflation reached a record 9.1 per cent in the eurozone in the year to August.“We should not underestimate the importance of the signal, it’s a highly symbolic, if not historic, decision,” said Frederik Ducrozet, head of macroeconomic research at Pictet Wealth Management. “There was never such a large move in rates. It’s a reflection of the change in the reaction [to inflation].”Elsewhere in bond markets, the yield on the two-year Treasury note added 5bp to just under 3.5 per cent after Fed chair Jay Powell said the US central bank needed to act “forthrightly” to ensure high inflation did not become entrenched.US equities moved between gains and losses yesterday with Wall Street’s broad S&P 500 gauge up 0.1 per cent by lunchtime in New York and the technology-heavy Nasdaq Composite down 0.2 per cent.Across the Atlantic, the pan-regional Stoxx Europe 600 rose 0.5 per cent.London’s FTSE 100 added 0.3 per cent on the day that Prime Minister Liz Truss announced an estimated £150bn package to shield Britain from soaring energy prices.In currencies, the euro slipped 0.3 per cent lower to trade just below parity with the dollar at $0.997.The pound also lost 0.4 per cent against the dollar to $1.148.

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