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Asian shares jumped and European stocks soared, capping a tumultuous week of holiday trading in global stock markets. Gold reached a six-month high.
Investors hoped the Federal Reserve would be dovish in its communications but were disappointed by its tone. European stocks hit a 2016 low.
‘The real concern is what comes next’: Markets are mixed as investors shift focus to the last Fed meeting of 2018
The Fed is expected to hike interest rates for a fourth time in 2018, but investors are more focused on any hints about policy going forward.
Chinese President Xi failed to mention any specific or concrete plans for his country's economy in a widely-anticipated speech on Tuesday.
The S&P 500 has dropped about 8% this month, eclipsing the 6% fall in the final month of 2002 and heading for a loss not seen since the '30s.
A menu of factors affected stock markets on Thursday, including the thawing US-China trade war, global growth, and the European economy and Brexit.
Global markets rebounded after China confirmed ongoing trade war talks with the US. But, global trade remains at the forefront of investors attention.
The Straits Times ...
Asian stocks edged ...
An electronic board...