An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo Acquire Licensing Rights
A look at the day ahead in European and global markets from Brigid Riley
Investors head into the final week of the quarter still digesting last week’s surprising and at times contradictory central bank decisions while preparing for more inflation data from the U.S. and Europe.
Global markets have been feeling the heat as U.S. bond yields surged and a strengthened dollar hit a six-month high following the Federal Reserve’s hawkish tone last week. The yen was also nudging towards the closely watched 150 per dollar level.
The Federal Reserve indicated that rates
