Global stocks slide, dollar gains ahead of Fed minutes

“Wall Street opened mostly lower, following slight declines in European shares, while U.S. Treasury prices and German bonds fell amid caution ahead of the release of the Fed’s minutes at 2:00 p.m. EDT.

The dollar edged higher from a six-month low against the euro and gained versus the yen as traders bet the minutes will reinforce expectations of a pullback in the Fed’s bond-buying program aimed at spurring growth by keeping interest rates low.”

 

Continue reading on reuters.com

0 Comments

Leave a comment

Your email address will not be published. Required fields are marked *