Global stocks dip to four-week low as dollar holds gains
Global equities dropped to a four-week low after last week's surprise hawkish shift by the US Fed reduced the allure of riskier assets, while the dollar held gains and stood near a 10-week high
21 June 2021 - 11:57
London — Global stocks dropped to a four-week low on Monday after last week's surprise hawkish shift by the US Federal Reserve reduced the allure of riskier assets, while the dollar held gains and stood near a 10-week high.
European stocks opened lower, but the pan-European STOXX 600 index erased early losses to trade flat on the day, helped by a rise in German and Italian shares...
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