Global stocks trade higher

Business | 24 Jun 2021 8:05 pm

Global shares edged up on Thursday, while the U.S. dollar slipped further below two-month highs as investors reassessed U.S. Federal Reserve statements on inflation and looked to upcoming data for direction, Reuters reports.

In Europe, the STOXX 600 extended earlier gains to add 0.7 percent, bolstered by news of German business morale hitting its highest in 2-1/2 years.

Britain's FTSE 100 share index was 0.5 percent higher after the Bank of England (BoE) kept the size of its stimulus program unchanged and left its benchmark interest rate at an all-time low of 0.1 perent, as expected.

The MSCI world equity index was 0.1 percent higher, edging towards record highs hit earlier in June.



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