“Risk sentiments are back to a cautious mood this week, having digested many of the big tech earnings and a series of uncertainties are now back onto the radar for the bulls to tackle,” Yeap Jun Rong of IG Research said in a commentary.Ĭalifornia governor seeks to speed up water, clean energy projects delayed by lawsuits, permits President Joe Biden invited the top four congressional leaders to face-to-face talks at the White House next week to try to resolve the problem. edging ever closer to what would be a catastrophic default on government debt. Meanwhile, a political stalemate left the U.S. central bank is widely expected to raise its key rate by a quarter percentage point to 5%-5.25% to try to finally tamp down inflation. Wrapping up a two-day policy meeting later in the day, the U.S. Investors are waiting for the Federal Reserve’s next move on interest rates. futures edged higher while oil prices were little changed. Asian shares declined Wednesday, tracking losses on Wall Street as shares of beleaguered banks tumbled again and worries about the U.S.
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