* Equities lack trend as earnings roll in, bond yields creep up

* Fed expected to stay course but outlook is improving

* Copper comes off decade high

* Apple, Facebook, Ford, Boeing earnings due

* Graphic: Global asset performance tmsnrt.rs/2yaDPgn

* Graphic: World FX rates tmsnrt.rs/2egbfVh

*

LONDON, April 28 (Reuters) – World shares cosied up close to record highs and the dollar and global bond yields nudged up on Wednesday, as traders waited to see if the U.S. Federal Reserve utters the dreaded ‘T’ word later – tapering of its mass stimulus programme.

The broad expectation is that it won’t want to unsettle markets for now, and with a packed day of corporate earnings, economic data and U.S. President Joe Biden’s first address before a joint Congress session, there was plenty to navigate.

MSCI’s broadest index of world shares was sidestepping towards its best month of the year so far, with Europe’s bourses fighting for modest…

Read more…

Share.

Comments are closed.