Shares, euro supported by hopes for Fed easing
LONDON (Reuters) – European shares and the euro edged higher on Wednesday supported by expectations of more monetary stimulus from the U. S. Federal Reserve when it ends its two-day policy meeting later in the day. Oil, copper and gold prices were also underpinned by the talk as well as by recent positive economic data from Europe and the United States, while the dollar hovered near multi-month lows against higher yielding currencies. Markets expect the Fed to expand its current asset purchase scheme, committing to buy $45 billion of U. S. . . .
View full post on Business News Headlines – Yahoo! News
Leave a Reply