Weak global market sentiment as crude oil slips
Global market sentiment stayed weak on Friday despite a decline in global crude oil prices. The article also cites digestion of a Bank of Japan rate hike to a 31-year high and references CME FedWatch probabilities for an October Fed quarter-point hike.
Global market sentiment remained weak on Friday even as crude oil prices declined. Markets also absorbed the Bank of Japan's hike, which lifted rates to a 31-year high. The CME FedWatch tool shows the likelihood of a quarter percentage rate hike by the Fed in the Octobe…