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Thursday, November 29, 2018

World stocks and bonds rise as market prices in more dovish Fed

A more dovish tone from Fed Chairman Jerome Powell helped to revive risk appetite on Thursday, driving world stocks to their highest in more than two weeks, as European equities joined a global rally and core bond yields fell.


from Reuters: Business News https://ift.tt/2BGaheP

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UK interest rates held at 3.75% but Bank says future cuts likely

The Bank of England has kept borrowing costs unchanged but opened the door to cuts later this year. from BBC News https://ift.tt/4zrAhFN