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March 23, 2017

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Business > Global Markets
European stock markets mostly rose on Tuesday, after gains across most of Asia, but London fell as surging inflation data sent the pound flying, dealers said.
 
Most Asian markets slipped Monday following last week's broad advances, with the dollar suffering fresh selling pressure after the Federal Reserve hinted at a slower-than-expected pace of interest rate hikes this year.
 
G-20 ministers fail to get Washington on board
Finance ministers from the world's biggest economies on Saturday failed to get the U.S. to renew an anti-protectionist pledge and a vow to fight climate change, in the face of Donald Trump's "America First" push.
 
Global finance gathering struggles to define trade stance
Financial officials from the world's biggest economies are struggling to define a common stance on trade in the face of the Trump administration's insistence that cross-border commerce must be "fair" as well as "free."
 
US rate hike spurs global market rally
Global stocks rose Thursday following a U.S. rate hike and a Eurosceptic party's defeat in Dutch elections.
 
Fed raises rate and sees more hikes as US economy improves
The Federal Reserve has raised its benchmark interest rate for the second time in three months and forecast two additional hikes this year. The move reflects a consistently solid U.S. economy and will likely mean higher rates on some consumer and business loans.
 
European stock markets flatlined on Wednesday before a widely expected Federal Reserve interest rate hike, while Dutch voters head to the polls.
 
Finance ministers from the world's top nations gather in Germany Friday as fears grow that U.S. President Donald Trump could upend the global economic order with his America First policy.
 
Representatives from countries that signed the failed Trans-Pacific Partnership began meeting Tuesday to discuss a possible new regional trade deal.
 
Saudi Arabia is committed to stabilizing the global oil market, the energy ministry of the world's biggest oil exporter said on Tuesday, as prices fell below US$48 a barrel.
 
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