The dollar retreated on Friday after two days of gains while world stocks pulled further back from all-time highs as investors unwound positions on growing expectations that the U. S. Federal Reserve will raise interest rates later this month. Fed officials have lined up to sing the need for higher rates soon, sending the implied … Read more
Global equity markets were set to end the week on a softer footing on Friday, after setting record highs in the previous two sessions, as investors looked for clarity on U. S. President Donald Trump’s policies on tax and trade. The MSCI All-Country World index .MIWD00000PUS was still headed for its fourth straight week of … Read more
Global stocks were set for their first weekly gain in four weeks on Friday and the dollar rose to its highest since March, as the euro came under pressure after the European Central Bank shot down talk of tapering its easy money stance. The euro hit its lowest against the dollar since March after the … Read more