Global Stocks Tick Higher Ahead of Fed Minutes and US Inflation

Global Stocks Tick Higher Ahead of Fed Minutes and US Inflation
Bull statues are placed in front of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong on Aug. 18, 2023. Tyrone Siu/Reuters
Reuters
Updated:
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LONDON/SINGAPORE—Global stocks edged higher on Wednesday, with investors cheered by Chinese stimulus hopes and a drop in bond yields, while the dollar held steady before the release of the latest Federal Reserve meeting minutes and U.S. inflation figures.

Meanwhile, oil prices were also little changed as traders kept an eye on the conflict between Palestinian terrorists and Israel. Prices spiked on Monday in the wake of Hamas’ attack, before cooling somewhat on Tuesday.