GLOBAL MARKETS-Shares and Oil Price Slip, with Mideast Risks, US Rates in Focus

August 27, 2024, 10.31 PM | Source: Reuters
GLOBAL MARKETS-Shares and Oil Price Slip, with Mideast Risks, US Rates in Focus

ILUSTRASI. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 8, 2024. REUTERS/Brendan McDermid

GLOBAL MARKET - NEW YORK/LONDON. A gauge of global shares dropped along with oil prices on Tuesday as investors weighed geopolitical risks as well as impending Nvidia earnings and U.S. inflation data.

Markets are anticipating an imminent start to the Federal Reserve's monetary policy easing, after Chair Jerome Powell said on Friday the central bank was ready to start cutting rates.

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