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Shares set for monthly gains, dollar buoyed by Fed outlook
May 31, 2016 by creative · Leave a Comment
By Anirban Nag LONDON (Reuters) – Global shares steadied at one-month highs on Tuesday, on track for a third straight month of gain, while the dollar held strong near two-month peaks on expectations the U.S. interest rates could rise next month. “In an environment of dollar strength, the People's Bank of China may well be forced to further depreciate the renminbi, risking the possibility of a…
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Shares set for monthly gains, dollar buoyed by Fed outlook