每日晨读金融时报 19Dec2022 英语口语听力 附原文及实用单词短语

【今日单词】resonate /ˈrɛzəneɪt/(of an idea or action) meet with agreement."the judge's ruling resonated among many of the women"----------------------------原文如下：The day in the marketsby  George Steer (来自：The Financial Time 金融时报)What you need to know• Global stocks tumble after trading sentiment sours• Hawkish central banks hike rates and warn of further pain to come• Sovereign bond yields climb as investors dump debtGlobal stocks dropped and sovereign debt yields climbed yesterday as investors took fright at a wave of interest rate rises from central banks, which threatened more to come in the fight to tame inflation.The benchmark S&P 500 tumbled 2.4 per cent and the tech-heavy Nasdaq Composite shed 3.1 per cent.Across the Atlantic, the pan-regional Stoxx Europe 600 index fell 2.9 per cent following hawkish warnings on interest rates from central banks in the US, UK, EU and Switzerland over the last day.The US Federal Reserve, European Central Bank and Bank of England all slowed the pace of interest rate rises, opting for 0.5 percentage point increases.But investors were rattled in particular by comments from the ECB that “inflation remains far too high” and that interest rates would continue to rise by 0.5 percentage points “for a period of time”.The yield on the 10-year German government bond rose 15 basis points to 2.09 per cent while the yield on the two-year bond rose 26bp to 2.39 per cent — close to its highest level since 2008.The yield on the 10-year Italian bond added 32bp to 4.18 per cent.The euro fell 0.7 per cent against the dollar at $1.06 by late afternoon London time, erasing earlier gains.The declines came after the Fed ended a run of four consecutive 0.75 percentage point increases, bringing the federal funds rate to a target range of 4.25 per cent to 4.5 per cent.The Fed’s mix of grim predictions and slowing interest rate rises, meanwhile, left some frustrated. “Either you believe your policy stance is ‘not sufficiently restrictive’ or you believe it is close enough that a [0.25 percentage point] hike is on the table for February,” said Steve Blitz, chief US economist at TS Lombard. “You cannot believe both.”Seema Shah, chief global strategist at Principal Asset Management, said the market “still doesn’t seem to buy into the idea that the Fed isn’t going to cut rates through 2023 — there’s something about [Fed chair Jay Powell’s] messaging which isn’t quite resonating”.The FTSE 100 fell 0.9 per cent even as the BoE raised its rate to 3.5 per cent while warning that further rate rises were likely. Sterling slipped 1.4 per cent against the dollar to $1.22, off a six-month high.Gilts strengthened across the board with UK two-year bond yields down 9bp to 3.36 per cent as the price of the debt rose. The yield on the 10-year bond also fell 9bp to 3.24 per cent.