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Stocks wobble after busy week for central banks | The Malaysian Insight

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Stocks wobble after busy week for central banks

Wall Street stocks rise at the start of trading but gives up those gains as European markets close. – EPA pic, June 17, 2023.

WORLD stock markets mostly rose yesterday and currencies gyrated as investors digested diverging interest rate decisions by central banks on three continents this week. In Europe, equities climbed with Frankfurt striking a new record after an upbeat session in Asia, which was lifted by hopes China will unveil fresh measures to kickstart growth.

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