In order to fight inflation, the U.S. Federal Reserve is expected to raise interest rates by another 2 yards in May, which will send U.S. bond yields soaring to nearly 3%, triggering market panic, and U.S. stocks on Friday (April 22) staged a battle royale. Joan Avalanche plummeted by nearly 1,000 points, Nasdaq, S&P, and Feihan plummeted more than 2%, and domestic confirmed cases continued to hit new highs, which also put Taiwan stocks on Monday (April 25) under a lot of pressure. The Wanqi defense battle is likely to fall.
“We have to do this, use our tools, and get inflation back to 2 percent,” Fed Chairman Powell said.
US Federal Reserve Chairman Powell showed a hawkish and tough attitude. In order to fight inflation, he is expected to raise interest rates by 2 yards in May. As soon as the news came out, US stocks staged a battle royale on Friday (April 22).
The Dow Jones avalanche plummeted by nearly 1,000 points, the Nasdaq, S&P, and Feihan plummeted by more than 2%. For Taiwan stocks (April 25), the pressure is great!
Analyst Xiao Ruixun said, “One of the trends in Taiwan stocks last Friday was that they were relatively weak, so it can be seen that the volume and energy have not been able to come out. If we say that Monday is positive, it is also a test for Taiwan stocks. , to see if a strength at 17,000 is supportive.”
Affected by the epidemic, Taiwan stocks are facing unprecedented pressure, but they also benefit from the surge in demand for rapid screening agents. Anti-epidemic stocks such as Taibo, Arnold & Falcon, Ruiji, Guoguangsheng, Shenghuake, and Baoling Fujin have been strong recently. , the market continues to be bullish, but no matter how it rises, for the broader market, it is impossible to guarantee!
Analyst Xiao Ruixun said, “The so-called epidemic prevention stocks actually do not account for a single stock in the index. According to the current situation, in terms of individual stocks with high cash yields, there is no effective way to stop the decline or go on. In the case of rising, if there is no big group to bring it, that Taiwan stock may be stuck here.”
Local confirmed cases have repeatedly hit new highs and have exceeded 5,000, and it is not even possible to rule out that the number of confirmed cases will exceed 10,000 in a single day at the end of the month. In addition to inflation, geopolitical risks, and the strength of the US dollar, Taiwan stocks are under heavy selling pressure. People have to be careful.
(FTV News/Reported by Chen Yanlin and Lin Dongming in Taipei)
More FTV news reports
Not a dream business? Seniors reveal TSMC’s “5 blood and sweat insider”
Inflation + U.S. bond yields soared, U.S. stocks escaped, Taiwan stocks under pressure
79,000 people live apart! Delivery workers are worried regarding the epidemic and take three doses. Avoid cash payment
