November 17, 2021
Markets

Global markets to stay pressured after Fed meeting sell-off

Global stocks are expected to remain under an increasing amount of selling pressure after the US central bank meeting last week set off ripples in stocks, bonds and currency markets.
Image Credit: AP

Dubai: Global stocks are expected to remain under an increasing amount of selling pressure after the US central bank meeting last week set off ripples in stocks, bonds and currency markets.

The US Federal Reserve signalled that it was discussing moving toward tapering its bond-buying program, and the fact that it is looking to step away from some of its easy policy has alarmed investors worldwide and triggered a sell-off across the board. This is seen as a trading theme in the weeks…

Read full article here: gulfnews.com