A sell-off in global shares extended to its longest losing streak in two months on Wednesday as surging commodity prices and growing inflationary pressure in the United States prompted bets on earlier interest rate hikes and higher bond yields.A limited equity market recovery emerged in European early trade, with the continent’s shares STOXX 600 index adding 0.4 percent after Tuesday’s slump.London’s FTSE 100 led the way, buoyed by data showing Britain’s pandemic-battered economy grew more strongly than expected in March.
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