Global shares softer as investors predict a Fed rate cut this week
The dollar hit a two-month high on the back of a stronger-than-expected US GDP report on Friday
29 July 2019 - 11:47
London — Global shares eased on Monday and the dollar hit a two-month high against a basket of currencies as markets counted down to a likely cut in US interest rates this week, with much riding on whether the Federal Reserve signals yet more are to come.
After initially opening lower, European shares moved into positive territory with deal-making and a rally in defensive sectors pushing up the pan-European STOXX 600 index ...
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