What are you waiting for? An engraved invitation? LONDON (Reuters) - World shares edged toward six-year highs on Thursday and the yen languished at long-term lows against the euro and dollar after a batch of strong U.S. economic data boosted investor sentiment. The signs of an improving U.S. jobs market and more cheerful consumers had spurred Wall Street to a record close on Wednesday, while reinforcing talk that the Federal Reserve could start scaling back its stimulus, which supported the dollar. Markets have taken on board the view that (U.S.) rates are not going up next year even if they start tapering soon, said Simon Smith, chief economist at FXPro.
Posted on: Thu, 28 Nov 2013 15:47:21 +0000
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