Shares gained ground and the dollar remained subdued on Thursday after Federal Reserve minutes signalled U.S. interest rate cuts were set to begin in a few weeks’ time. The minutes said the “vast majority” of policymakers felt that, if data came in as expected, a September cut was likely to be appropriate – validating market expectations. Stocks, after a phenomenal rebound from early-month lows plumbed after a bout of volatility, strove for gains. European shares (.STOXX), gained 0.5%, helped by retail (.SXRP), stocks, after a subdued trading session in Asia. They added ground to initial gains after data for the euro zone showed surprising strength in […]
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