Asian and European stocks and US futures fell on Thursday after central banks warned of a global economic slowdown and Brexit uncertainty looked set to linger for another six months.
Minutes from the US Federal Reserve's March meeting signaled the central bank would continue holding off on hiking interest rates. Global stock markets slid on Thursday after European and US central banks raised the prospect of a worldwide economic slowdown and the UK signed up for another six months of Brexit uncertainty.according to Bloomberg
Meanwhile, minutes from the US Federal Reserve's March meeting signaled the central bank would continue to hold off on hiking interest rates, given the prospect of a global slowdown in the next few years. Separately, US consumer prices increased by the most in 14 months in March,"Global central banks sitting tight [and] keeping a patient wait-and-see approach is a positive backdrop for stocks," said Jasper Lawler, head of research at London Capital Group."However...
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »