Global stock markets slipped for the second straight day on Wednesday and bond yields inched lower on growing fears that policymakers bent on dampening inflation will tip their economies into recession. A succession of weak data releases in Europe and the United States has not prevented central bankers from doubling down on hawkish rhetoric. More .
World shares were largely steady on Thursday after recent weakness as a drop in oil prices on bets Saudi Arabia may boost production helped balance concerns over surging inflation and monetary policy tightening. The MSCI’s benchmark for global stocks was 0.05% lower by 0816 GMT, helped by morning gains in Europe which almost offset earlier .