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Global stocks slip for third day, dollar recovers ground

Reuters  |  NEW YORK 

By Saqib Iqbal AhmedNEW YORK (Reuters) - Global equity prices slipped for a third straight day on Wednesday on growing nervousness about central bank policy, even as Wall Street eked out a modest gain.The dollar rallied as investors squared positions ahead of Friday's U.S. nonfarm payrolls report, data that should help determine the timing of the next Federal Reserve interest rate hike.MSCI's world stocks index , which tracks shares in 45 nations, was down 0.27 percent after a sharp drop in Japanese stocks."The central banking issue is more of a factor of everybody trying to stimulate their ...

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First Published: Thu, August 04 2016. 02:15 IST