Global shares flirt with record highs
Dollar and global bond yields inch higher as traders wait to see if the Fed Reserve will put tapering on the table
28 April 2021 - 11:31
London — World shares cosied up close to record highs and the dollar and global bond yields nudged up on Wednesday, as traders waited to see if the US Federal Reserve utters the dreaded “T” word later — tapering of its mass stimulus programme.
The broad expectation is that it will not want to unsettle markets for now, and with a packed day of corporate earnings, economic data and US President Joe Biden’s first address before a joint Congress session, there was plenty to navigate...
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