World Equities Can't Shake Rate Rise Blues

Faizan Hashmi Published October 18, 2018 | 11:45 PM

World equities can't shake rate rise blues

The world's main stock markets slipped Thursday as fears of rising US interest rates undermined any attempt at recovery following heavy recent losses, analysts said.

London, (UrduPoint / Pakistan Point News - 18th Oct, 2018 ) :The world's main stock markets slipped Thursday as fears of rising US interest rates undermined any attempt at recovery following heavy recent losses, analysts said.

Global markets are "scrutinizing yesterday's release of the minutes from the US Fed's September monetary policy meeting that suggested rate hikes are likely to continue", analysts at Charles Schwab said.

What's more, rate fears are just one item on a smorgasbord of worries, including over global trade wars, high oil price, Brexit uncertainty and Italy's ongoing fiscal troubles, analysts said.

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