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Shares eye record high as Fed heads for hat-trick
Global shares were within a whisker of another record high on Wednesday as markets traded on expectations of a third U.S. interest rate hike of the year, and waited to hear from the Federal Reserve how many more are likely in 2018. Solid gains in Asia overnight had inched MSCI's 47-country world index up for a fifth day running and while the pre-Fed anticipation meant Europe's main bourses were barely budged, there was action elsewhere. A technical glitch on futures markets made for a stuttering start to European government bond trading, while the dollar was down against the yen, pound and euro after President Donald Trump saw his already-wafer thin U.S. Senate majority cut further.
https://finance.yahoo.com/news/asian-shares-flat-fed-hike-005322470.html?.tsrc=rss
Global shares were within a whisker of another record high on Wednesday as markets traded on expectations of a third U.S. interest rate hike of the year, and waited to hear from the Federal Reserve how many more are likely in 2018. Solid gains in Asia overnight had inched MSCI's 47-country world index up for a fifth day running and while the pre-Fed anticipation meant Europe's main bourses were barely budged, there was action elsewhere. A technical glitch on futures markets made for a stuttering start to European government bond trading, while the dollar was down against the yen, pound and euro after President Donald Trump saw his already-wafer thin U.S. Senate majority cut further.
https://finance.yahoo.com/news/asian-shares-flat-fed-hike-005322470.html?.tsrc=rss
