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ECB rates seen hitting peak of 3.25% before cut in July

  Bloomberg The European Central Bank’s (ECB) battle with inflation may end within half a year as policy makers begin to reverse rate hikes as soon as July. The deposit rate will be raised to a peak of 3.25% — from its current level of 2% in three steps. The survey shows two half-point hikes at the February and March meetings, ...

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Stocks decline as traders fret over interest rates, earnings

  Bloomberg European equities and US stock-index futures fell amid signs central banks will turn more hawkish and as investors focused on earnings reports from Wall Street banks. Contracts on the S&P 500 and Nasdaq 100 indexes slipped at least 0.3% each as US markets were set to reopen after a holiday. The Stoxx Europe 600 Index was dragged by ...

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Poll shows investors most underweight on US stocks since 2005

Bloomberg Investors are the most underweight on US equities since 2005 as improving market sentiment sends them flocking towards cheaper regions, according to Bank of America Corp.’s (BofA) global fund manager survey. Participants in the January poll were “a lot less bearish” than in the fourth quarter, sparking a rotation to emerging markets, Europe and cyclical stocks, and away from ...

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