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Monday, April 3, 2023

Fundamental: Investor Fears Over Inflation, Growth Reignited by OPEC+ Move

Forex Factory
 
 
Alert Alert Apr 3, 2023, 7:50am
 
Fundamental: Investor Fears Over Inflation, Growth Reignited by OPEC+ Move
Just as investors put the banking crisis in the rear-view mirror, OPEC+'s unexpected output cut has reignited fears of more persistent consumer cost pressures and the risk it may delay an end of central bank hiking cycles. Stocks are likely to drop as higher oil prices from the production cut crimp growth, strategists said Monday. However, they suggested it ...
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