Global shares at 14-month highs as concern over rate hikes eases
16 Jun 2023
Global shares rose to 14-month highs on Friday as investors took the view that the Federal Reserve may not need to raise rates much more, while the dollar headed for its biggest weekly slide since January. The MSCI All-World index was up 0.2 per cent, around its highest since mid-April 2022. This has been an intense week of