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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

英式商务英语【7Sep2022】附原文及实用单词短语

07 Sep 2022

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【今日短语】to deal a heavy blowto harm, upset, or shock someone or something. -----------------------原文如下:The day in the marketsby  Hudson Lockett, David Sheppard, Barney Jopson and Max Seddon(来自:The Financial Time 金融时报)What you need to know• Euro slides to 20-year low and gas prices jump [...]• Eurozone and UK government bonds under pressure[...]The common currency fell as much as 0.7 per cent to $0.988, its lowest level since 2002 — later trimming its declines to trade down 0.2 per cent.The region’s stocks also fell with the Stoxx Europe 600 benchmark index closing 0.6 per cent lower, Frankfurt’s Dax off 2.2 per cent and the CAC 40 in Paris down 1.2 per cent. London’s FTSE 100 ended the day 0.1 per cent higher.In energy markets, Dutch TTF gas futures, the benchmark European contract, jumped by more than a third to as much as €284 per megawatt hour, rising back towards all-time highs that hit above €340 just under two weeks ago.Later in the day, the contract was up 17 per cent at €246.[...]“This was long a scenario dreaded by markets and priced with some probability but seems to have become a reality now,” said analysts at RBC Capital Markets.Analysts at Citi said yesterday that their previous “bull case” for the gas market had rapidly become their “base case” and warned that prices were likely to average above €220p/MwH in the fourth quarter of this year.[...]That would be equal to more than $700 a barrel of oil equivalent.Eurozone and UK government bonds came under pressure with the yield on Germany’s benchmark 10-year Bund adding 4 basis points to 1.56 per cent and the equivalent Italian yield rising 10bp to 3.94 per cent.The 10-year gilt yield jumped as much as 8bp to touch 3 per cent for the first time since 2014, reflecting a sharp drop in the British debt instrument’s price. It later traded up 2bp on the day.US markets were closed for the Labor Day holiday, a factor that reduces trading volumes but can lead to sharper price moves. 

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