Global stocks eye fourth consecutive month of gains
Global equities are set to post a fourth consecutive month of gains, while the dollar is under pressure in a busy data week
31 May 2021 - 12:09
London — World equities are set to post a fourth consecutive month of gains on Monday, while the dollar remains under pressure ahead of a slew of European and US data that will confirm whether the global economy is on a steady recovery path.
MSCI’s broadest index of world stocks drifted 0.1% higher, putting the gauge on track for a 1.4% gain for May. It is the longest monthly rising streak for the index since August 2020, when the gauge rose for five consecutive months, according to Refinitiv data...
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