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Taiex closes down in anticipation of rate hike this Thursday

Taiex closes down in anticipation of rate hike this Thursday

2022-12-12

The “Super Central Bank Week” has kicked off, in which numerous central banks around the world all announce their benchmark interest rate in the same week. This week, apart from Taiwan’s central bank, the U.S. Federal Reserve, the European Central Bank and the Bank of England are all slated to announce new benchmarks. During a legislative hearing on Monday, central bank governor Yang Chin-lung did not say whether rates will be raised for the fourth consecutive time this Thursday. He said the decision will depend on the inflation rate and by how much Taiwan’s economic growth will be affected by the rest of the world.

Although an announcement is yet to be made, the stock market is already bracing for a rate hike. On Monday the Taiex at one point plummeted by a whopping 166 points, and TSMC and MediaTek had a lackluster day. All in all, Taiwan shares closed down 0.63% at 14,612 points, on turnover of NT$151.5 million, a record low for the year.

超級央行週登場!台股成交量創今年新低

2022-12-12

全球「超級央行周」將在本周登場,包括美國聯準會、歐洲央行、英國央行都會宣布決策利率,我國央行也在周四登場,會不會「連4升」引發關注,總裁楊金龍今天到立院接受質詢時,沒有正面回應,表示要看通膨率及國內經濟成長會受到全球影響的程度而定。

不過在利率公布前,市場觀望氣氛濃厚,也讓今天台股一度大跌166點,台積電、聯發科等電子不給力,尾盤靠金融股拉回翻紅,最後大盤收在14612點,跌幅0.63%,但成交量僅有1515億,創下今年新低。

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