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Global Markets: Equities, dollar slip as Fed rate path jitters build

Reuters  |  LONDON 

By Sujata RaoLONDON (Reuters) - World shares were flat on Wednesday and the dollar eased off three-week highs as investors marked time before a likely hike in U.S. interest rates and awaited guidance on how many more to expect for this year.Markets are on edge, not only because of the U.S. Federal Reserve meeting which should deliver the first rate rise of 2018, but also because of a selloff in U.S. tech shares, which has wiped almost $50 billion off the value of Facebook this week amid uproar over the alleged misuse of users' data.The Facebook losses have filtered through other tech shares ...

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First Published: Wed, March 21 2018. 15:46 IST
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