10 minutes agoA currency trader passes by the screen showing the Korea Composite Stock Price Index at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 8, 2024. – World shares were mostly higher on Wednesday after U.S. stocks held relatively steady on Wall Street.Germany's DAX rose 0.2% to 18,626.00 and the CAC 40 in Paris jumped 0.6% to 8,122.40. Britain's FTSE 100 gained 0.4% to 8,347.77.
“Exchange-rate moves could have a big impact on the economy and prices, so there’s a chance we may need to respond with monetary policy,” Kazuo Ueda, governor of the Bank of Japan, told lawmakers on Wednesday. Elsewhere in Asia, Hong Kong's Hang Seng index shed 0.8% to 18,331.76 and the Shanghai Composite index gave up 0.6%, falling to 3,128.48.On Tuesday, the S&P 500 edged 0.1% higher in a quiet day following three straight leaps for the index of at least 0.9%.
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