Shares at Two-Week Low as Wall St. Awaits Yellen Keynote Speech

August 26, 2016 1:43 PM

20 0

Shares at Two-Week Low as Wall St. Awaits Yellen Keynote Speech

The dollar edged down and global shares slipped to a two-week low on Friday as investors turned cautious before a keynote speech by Federal Reserve Chair Janet Yellen that could map out a clearer path for U.S. interest rates.

The MSCI All-Country World index was down 0.1 percent by 0817 GMT, after slipping to its lowest level since Aug. 9, while the pan-European STOXX 600 fell 0.2 percent.

Also read: Eurowings settles pay dispute with airline cabin crew

Read more

To category page

Loading...