• Global shares slide, as robust US jobs data pushes dollar near 20-year highs and investors brace for faster rate hikes

    14 days ago - By Business Insider

    Oleg Elkov/Getty Images
    Global shares slid for a third day on Monday, as investors grew increasingly twitchy about the outlook for the economy.
    Friday's US jobs data served to reinforce expectations for the Federal Reserve to rapidly raise rates.
    The dollar hit its highest since 2002, while crude oil eased in the face of a darker demand outlook in Asia.
    Global shares slid for a third day on Monday, after strong US employment data on Friday suggested the Federal Reserve has even greater scope to raise interest rates aggressively to combat inflation. Data on Friday showed the US economy...
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