Nasdaq 100 more likely to retrace back to recent lows than rally again

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There is a big unknown in the markets at the moment and that is the behaviour of central banks. If interest rates continue to climb at the current speed it is more than likely that we’ll see most, if not all equity benchmarks, hit new lower lows for 2022.

If, however, central banks believe that inflation is tamed and the damage to growth prospects has been hit too hard and the rate cycle is seen as over, there may well be belief. Serge Berger, from The, says that his best case is that, should the message stay the same, at the very least we’ll see a revisiting of those lows. We also look at the Dax, the USD/JPY and Brent.

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