The Traderszone Network

Published in TZ Latest News 30 July, 2015 by The TZ Newswire Staff

Global stocks subdued on U.S. rate hike caution

The dollar jumped and world stocks were left flat-footed on Thursday after the Federal Reserve painted a relatively bright picture of the U.S. economy, boosting bets that it will hike interest rates in September. Europe’s stock markets had initially started brightly but began to fade as attention switched from company earnings from the likes of Siemens and Deutsche Bank to upcoming euro zone unemployment, business sentiment and German inflation data. The U.S.

read more