LONDON, SINGAPORE—Global equities edged up on Wednesday as data suggested U.S. inflation pressures were moderating, but were on course to end August with their worst monthly performance of 2023 so far.
MSCI’s broadest index of global shares added 0.2 percent, following upbeat moves in Asia that continued to benefit from Chinese measures to boost investment in its beaten-down stock market, and weak U.S jobs data on Tuesday that sparked hopes the Federal Reserve was done with rate hikes.
