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Rate Decision Ripple Effects, Equities' Resiliency, and the Trading Day Ahead 6/15/2023

Morning Call

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The European Central Bank's 25 Basis Point Rate Hike Is Expected Today

European investors are watching out for the ecb decision a 25 basis point hike is expected. Some basic resources stocks zet to dachshund kekara to also down about three tens of percent and half a percent respectively altos dragging down those indices. Asian markets this was the handover overnight from some of the key markets there nike has actually pulled back a bit about five basis points but all of the attention has been on the hang sang up 2.1 percent and the shankai composite in china up seven tenths of the percent.

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