U.S. stimulus reaches Europe

U.S. stimulus reaches Europe

CES 2022 to debut new digital initiative for NFTs and crypto.

  • Most central European stocks and currencies tracked broader markets higher after U.S. Federal Reserve Chair Jerome Powell indicated the central bank would wait further to taper stimulus.
  • The Consumer Technology Association announced a new initiative at CES that will exhibit and highlight non-fungible tokens (NFTs) and other blockchain-based technologies.
  • The Australian and New Zealand dollars inched higher against their U.S. counterpart which hit a two-week low as the Federal Reserve wrongfooted bulls by insisting that rate rises were still far off.

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