How 2022 shocked, rocked and rolled global markets
By Marc Jones LONDON (Reuters) -Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires - 2022 has been perhaps…
He stated that there had been a buyer's dispute. The yield now stands at 3.68%. Stocks are down 20%, while oil prices soared 80% before being scrapped. Egypt, which was under severe financial pressure, devalued its currency by more than 36%. The cedi of Ghana crashed 60% after it joined Sri Lanka in default. Although it is now well below its June highs Russia's ruble remains the second-best performing currency, supported by Moscow capital controls. Tech titans have also been hit with a $3.6 trillion loss due to the rate rise. The cryptomarket is even more chaotic. Please rate the site overall: