Shares Edge Up as US Holiday Interrupts Interest-Rate Reality Check

Shares Edge Up as US Holiday Interrupts Interest-Rate Reality Check
A huge electric stock quotation board is seen inside a building in Tokyo, Japan, on Dec. 30, 2022. Issei Kato/Reuters
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LONDON—Global shares edged up on Monday as a U.S. holiday made for slow trading ahead of minutes of the latest Federal Reserve meeting and a reading on core inflation that could add to the risk of interest rates heading higher for longer.

The dollar, which is heading for its largest one-month rise since September in February, was roughly flat on the day, giving some lift to commodity-linked currencies, thanks to a rise in the price of raw materials such as crude oil and copper.