Upbeat Microsoft forecast is propelling tech shares higher, as Wall Street awaits the Fed’s guidance on interest rates.
El Salvador last year sought a $1.3bn IMF loan, but talks have been stymied by the lender’s Bitcoin concerns.
US shares were whipsawed again on Tuesday as investors await the Fed’s decision on Wednesday.
Memories of 2018 are sparking fears that a repeat is playing out after the world’s top cryptocurrency fell 50% recently.
Indonesia, Brazil, Mexico, South Africa and Turkey could be roiled when the US Fed starts raising interest rates.
It’s asking the Supreme Court to order lenders and central bank to give it more time, not classify it as a defaulter.
Markets were rattled by geopolitical tensions and the US Federal Reserve’s campaign against inflation.
Bitcoin is now 50 percent below its November peak and on Monday was trading at its lowest level since July.
Peloton’s shares have tumbled more than 80 percent from their all-time high a year ago.
The S&P 500, a proxy for US retirement and college savings accounts, fell more than 10% below its Jan 3 record close.
India, one of the world’s largest buyers of vegetable oils, has struggled to wean itself off imports.
Tech shares saw the worst of the selloff this week, adding to what has already been a very volatile start to 2022.
The companies are the latest darlings of 2020 to sink to levels not seen since the early days of the COVID-19 outbreak.
The extended selloff for cryptocurrencies comes as investors offload risky bets in a volatile week for global markets.
