Global Stocks Steady After U.S. Rate Rise Expectations Revive (News: 18/05/16)
Today’s Press
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UK jobs market ‘could be cooling off’
Unemployment fell to 1.69 million between January and March, down 2,000 from the previous quarter.
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G7, markets face struggle to quell yen volatility
For world markets, the main focus at this week’s Group of Seven meeting in Japan will be how much leeway the host nation is given to boost economic growth and inflation, specifically through depreciation of the yen.
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Global stocks steady after U.S. rate rise expectations revive
Stock markets recovered from an initial battering on Wednesday, some upbeat signals from Britain and Japan helping offset what for many investors is a worrying revival of expectations for rises in U.S. interest rates this year.
Next Trading Day’s Important Events
- 04:30 (GMT+3) Australian Unemployment Rate
- 14:30 (GMT+3) ECB Monetary Policy Meeting Accounts
Forex Quotes:
- USDJPY: 109.45
- EURUSD: 1.1275
Indices:
- S&P 500: 2,047.21
- NASDAQ : 4,715.73
Source:: Global Stocks Steady After U.S. Rate Rise Expectations Revive (News: 18/05/16)