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Global stocks at three-week highs as Fed decision looms
[Reuters] - World stocks inched to a three-week high on Thursday while the dollar drifted lower against other currencies, as investors consolidated positions ahead of a nail-biting U.S. Federal Reserve interest rate decision. There was a sense of relief as much as anything that after months of market speculation and advice from almost everyone from the IMF to the heads of the world's top companies, that the wait for the Fed's verdict would be over by 1800 GMT. Europe's main share markets were left at a virtual standstill with Britain's FTSE 100, Germany's DAX and France's CAC 40 all barely budged after two days of gains helped by a flurry of merger activity.
Global stocks at three-week highs as Fed decision looms - Yahoo Finance
[Reuters] - World stocks inched to a three-week high on Thursday while the dollar drifted lower against other currencies, as investors consolidated positions ahead of a nail-biting U.S. Federal Reserve interest rate decision. There was a sense of relief as much as anything that after months of market speculation and advice from almost everyone from the IMF to the heads of the world's top companies, that the wait for the Fed's verdict would be over by 1800 GMT. Europe's main share markets were left at a virtual standstill with Britain's FTSE 100, Germany's DAX and France's CAC 40 all barely budged after two days of gains helped by a flurry of merger activity.
Global stocks at three-week highs as Fed decision looms - Yahoo Finance
