World stocks near record highs ahead of UK election
The pound rose to a two-year high as Donald Trump is to meet advisers about China tariffs due to start on December 15
12 December 2019 - 12:52
London — World shares took a fresh run at record highs on Thursday, as all the right messages from the US Federal Reserve set traders up nicely for a packed day of milestone central bank meetings and a Brexit-defining election in Britain.
The Fed kept US interest rates unchanged, as expected, but it was a message that it would take an unexpected and “persistent” rise in inflation to lift them again that buoyed the bulls and shoved the dollar to its lowest since August...
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