Global Rising Rates Repercussions (3)

Stockmarkets, interest rates and currency are on an uptrend.


One can understand why China needed to raise rates, however that is in an environment where its currency is also appreciating.

The rates squeezing movement in the US and EU have also forced second tiered players such as the smaller Asian economies to follow suit.

Now we have a situation where most country's stockmarkets, interest rates and currency are on an uptrend.

The exception being US where their currency would come under more pressure.

Usually higher rates would stifle equity markets but that equation seems to be ineffective for the time being.

All that is more surprising in that oil prices are also stubbornly high.

Not to mention other commodities, including gold.