World shares advance and oil prices fall as worries over inflation ease
Global markets rallied after U.S. employers added 254,000 jobs, a figure that officials said helped reduce concerns regarding future interest rate hikes.
7 Articles
7 Articles
Herald Bulletin
World shares advance and oil prices fall as worries over inflation ease
World shares have advanced at the start of a busy week for U.S. economic updates. Easing worries over inflation have reduced the likelihood of another rate hike by the Federal Reserve. But gains were moderate overall in the absence of…
World exchanges advanced on Mondays, while oil was cheaper, on the basis of decreasing inflation fears and expectations that the US Federal Reserve might avoid further increases in interest rates.
Monday Markets: SA rand tanking, but oil prices softer and stocks rally on 'Goldilocks' data
Equities rallied on Monday after a big miss on US job creation gave the Federal Reserve breathing room to hold off an interest rate hike this month, while traders were also cheered by another drop in oil prices that eased inflation concerns. However, the South African rand has come under renewed pressure over the past […]
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