Global Shares Ease After Fed Officials Dent Optimism

[Epoch-Times-Bot]

Global Shares Ease After Fed Officials Dent Optimism

LONDON—Global shares eased on Tuesday as investors took profit on the gains from the past two weeks after comments from two Federal Reserve officials injected a note of caution over the U.S. rate outlook, knocking equities, commodities, and other risk assets.
The MSCI All-World index eased 0.1 percent, but remained in sight of Monday’s three-week high, while the dollar—a gauge of investor risk appetite—held steady against a basket of major currencies.
In the past six weeks, even as cases have surged around the country, China has dismantled its zero-COVID policy, which has given markets a bumpy ride as investors have weighed up the economic benefits of reopening against the impact to activity from the wave of infections....

Source: Global Shares Ease After Fed Officials Dent Optimism

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