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Fed keeps lid on dollar, yields; Greece hurts stocks

European markets all trading lower in early deals

Reuters  |  London 

Bond yields and the dollar fell on Thursday after the Federal Reserve signalled that US interest rates would rise more slowly than markets had expected, while Greece's drift closer to default pushed European stocks lower. Euro zone finance ministers meet later in the day, but expectations are low that Greece and its international creditors will reach a deal to prevent the cash-strapped country from defaulting at the end of the month. European markets are likely to take their cue from the news out of the Luxembourg meeting, along with the outlook for US monetary ...

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First Published: Thu, June 18 2015. 15:26 IST