📆 Thursday, June 22
► Global equity futures see more selling following warnings of further rate hikes by Federal Reserve Chair Jerome Powell. Market participants are also anticipating a series of central bank decisions from the UK, Switzerland, and Norway.
► Traders anticipate the Bank of England to increase the pace of rate hikes following data showing persistent inflation at 8.7%. Expectations for the terminal rate reached 6%, the highest since the beginning of the century. BoE's rate decision is set to be released later at 11:00 UTC+0.
► S&P 500 & Nasdaq 100 contracts also saw a downward trend after experiencing losses for three consecutive sessions. Selling is in particular harsh in the recently outperforming tech sector.
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