英式商务英语【29Aug2022】附原文及实用单词短语

【今日单词】deluge /ˈdɛljuːdʒ/nouna severe flood."this may be the worst deluge in living memory"verboverwhelm with a flood."caravans were deluged by the heavy rains"recoup /rɪˈkuːp/verb- regain (something lost or expended)."rains have helped recoup water levels"- regain (money spent) through subsequent profits."oil companies are keen to recoup their investment"- reimburse or compensate (someone) for money spent or lost."the company turned to the real estate industry to recoup them"-----------------------------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• Stoxx 600 closes session 0.3 per cent higher• Yield on benchmark 10-year US Treasury note slips 0.03 per cent• Euro briefly rises above parity with the dollarUS stocks rose yesterday as investors braced themselves for a deluge of headlines from the Jackson Hole central bankers’ summit.The S&P 500 index was up 0.6 per cent by early afternoon in New York, while the technology-heavy Nasdaq Composite added 0.9 per cent. In Europe, the regional Stoxx 600 closed the session 0.3 per cent higher.Those moves came on the first day of the Jackson Hole annual conference in Wyoming, where central bankers including US Federal Reserve chair Jay Powell have gathered to discuss the challenges ahead for the global economy.The event, hosted by the Kansas City arm of the Fed, is closely watched by investors for signals on the future direction and pace of monetary policy.Market pricing indicates that investors are expecting the Fed to lift borrowing costs to 3.7 per cent by February 2023, up from expectations of 3.3 per cent at the start of August. The central bank’s current target range stands at 2.25 per cent to 2.50 per cent.European bond markets recouped losses ahead of central bankers’ speeches on monetary policy, with Bank of England governor Andrew Bailey and European Central Bank executive board member Isabel Schnabel also set to speak at Jackson Hole.The yield on UK two-year debt, which is sensitive to changes in interest rate expectations, fell by 0.13 percentage points to 2.81 per cent and Italian two-year debt yields lost 0.17 percentage points to trade at 1.75 per cent. Bond yields fall when prices rise. This came after the short-dated instruments sold off on Wednesday, as investors grew concerned about the BoE and ECB raising interest rates more aggressively.The yield on the benchmark 10-year US Treasury note slipped 0.03 per cent to trade at 3.08 per cent.In currency markets, the dollar traded flat against a basket of six currencies. The euro briefly rose above parity before slipping back to $0.995, down 0.1 per cent.

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