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Markets hit by fears over stronger US dollar - business live

Discussion in 'Market News' started by Lily, Mar 24, 2016.

  1. Lily

    Lily Forum Member

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    All the latest economic and financial news, as shares and commodity prices are hurt by US interest rate rise fears

    7.31am GMT

    Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

    A succession of Federal Reserve policymakers have come out in recent days suggesting a rate rise in April is a real possibility, which rather begs the question as to why there was so little dissent over the decision itself last week.

    Granted, the majority of this week’s speakers haven’t got a vote on the committee this year but the level of hawkishness does jar somewhat with last week’s dovish message, and could present problems for Janet Yellen if the economic data shows significant signs of improvement between now and the end of April.

    Our European opening calls:$FTSE 6152 down 47
    $DAX 9972 down 51
    $CAC 4394 down 30$IBEX 8865 down 63$MIB 18357 down 105

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