Global Stocks Capped By Trade War Concerns, Central Banks

According to Reuters on Wednesday, stocks across the globe faltered on fears of trade tensions and questions about U.S. interest rates. Investors are awaiting the U.S. Federal Reserve’s decision on monetary policy, with the year’s second interest rate hike almost certain. Deutsche Bank strategist Jim Reid said that market participants are keen to know how many times the Fed will raise rates in 2018.