United States: As expected, the Federal Reserve signaled a rate hike in March. The market quickly boosted the odds of a 50 bps rate increase in March.
And rate hikes are expected to keep coming.
The probability of five 25 bps rate hikes this year is now above 90%.
Asia-Pacific: Australia’s stock market entered into correction territory.
China: China’s stocks are in bear-market land.
Equities: Intraday volatility remains very high.
Global Developments: Inflation trends have been similar across advanced economies.
Food for Thought: The video game industry:
Edited by Devon Lall
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