Global markets flat due to uncertainty about US interest-rate cuts
Minutes of the US Fed's July meeting show deep splits among policymakers over whether to have cut interest rates in July
22 August 2019 - 12:03
London — Share markets flatlined on Thursday as uncertainty over the outlook for US interest-rate cuts following the release of minutes from the US Federal Reserve's last policy meeting kept investors on edge.
The Chinese yuan's slump to an 11-year low also sapped their appetite for risk, with dealers saying state-owned banks were seen selling dollars to support the yuan...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.