Business
Global stock markets bounce back as bond yields drop following central bank updates
Reported by Deepak Mishra (Copy Editor) · Livemint - Markets ·
✓ — also reported by Google News - USA Business
Representative image · Wikimedia CommonsMarket Rebound
Wall Street bounced back from a sell-off that was triggered earlier by the Federal Reserve rate hike on Wednesday. Alongside this recovery in global equities, Treasury yields moved lower.
Currency And Oil
In the currency markets, the dollar eased down. At the same time, Brent crude oil futures slipped in price.
Central Bank Actions
The Bank of England chose to keep its interest rates unchanged while adopting a hawkish stance.
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