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Global Markets: Stocks capped by trade war concerns, central banks

Reuters  |  NEW YORK 

By Nick BrownNEW YORK (Reuters) - Stocks across the globe wavered on Wednesday on fears of trade tensions and questions about U.S. interest rates, while lower-than-expected inventory data sent oil prices into the black after morning losses.Investors are awaiting the U.S. Federal Reserve's 2:00 p.m. ET (1800 GMT) decision on monetary policy, with the year's second interest rate hike almost certain. But market participants are keen to know how many times the Fed will raise rates in 2018, with market pricing "fairly split between three and four hikes," Deutsche Bank strategist Jim Reid wrote in ...

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First Published: Wed, June 13 2018. 21:33 IST