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Daily Traders Edge

World stocks reach new peak as Fed-focused week begins

September 18
11:26 2017

World stocks reach new peak as Fed-focused week beginsWorld stocks hit another record high on Monday and the dollar reached an eight-week peak against the yen on expectations the U.S. Federal Reserve will unveil plans this week to trim its bloated balance sheet. With no new actions by North Korea over the weekend, investors pushed Europe’s main share index to a six-week high. MSCI’s broadest index of Asia-Pacific shares outside Japan had earlier risen to heights not visited since late 2007.


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