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Dollar set for biggest one-day gain in three months, equities rally

Dollar set for biggest one-day gain in three months, equities rally
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GLOBAL MARKETS-Dollar set for biggest one-day gain in three months, equities rally

The MSCI All-World index was roughly unchanged, although European stocks, led by hefty gains in anything from financials, to oil and gas stocks, to healthcare, bounced to two-week highs. Typically, stocks tend to fall when the dollar gains, but that negative correlation between the two softened on Tuesday to its weakest since early September.

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Dollar posts big gains, U S stocks buck global rally

Dollar posts big gains, U S stocks buck global rally
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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Dollar posts big gains, U S stocks buck global rally

Dollar posts big gains, U S stocks buck global rally
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Bank of England lifts rates and forecasts prolonged recession

Inflation in the UK will hit almost 11 percent and, even if the central bank’s rate remains at the level of 3 percent, the economy will contract over the next five quarters.

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