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GLOBAL MARKETS-Stocks falter ahead of Fed on trade deal worries
A rally in global shares stalled on Wednesday, with Asian shares slipping from three-month highs, as the prospect of a rate cut by the Federal Reserve was countered by worries a Sino-U.S. first-stage trade deal could be delayed. European shares are also set for a soft opening session, with Euro Stoxx 50 futures, German DAX futures and FTSE futures all trading flat to a tad lower. Markets had erased gains after Reuters reported a U.S. administration official said an interim trade agreement between Washington and Beijing might not be completed in time for signing in Chile next month as expected.
https://finance.yahoo.com/news/global-markets-stocks-falter-ahead-062401307.html?.tsrc=rss
A rally in global shares stalled on Wednesday, with Asian shares slipping from three-month highs, as the prospect of a rate cut by the Federal Reserve was countered by worries a Sino-U.S. first-stage trade deal could be delayed. European shares are also set for a soft opening session, with Euro Stoxx 50 futures, German DAX futures and FTSE futures all trading flat to a tad lower. Markets had erased gains after Reuters reported a U.S. administration official said an interim trade agreement between Washington and Beijing might not be completed in time for signing in Chile next month as expected.
https://finance.yahoo.com/news/global-markets-stocks-falter-ahead-062401307.html?.tsrc=rss
