GLOBAL MARKET-Stocks recoup losses after Putin’s nuclear threat; Fed keeps dollar buoyant


Source: devdiscourse.com devdiscourse.com

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Global equities rose on Wednesday, rebounding from an early hit to risk appetite when Russian President Vladimir Putin accused the West of "nuclear blackmail," sparking a flight to safe-haven assets like gold and bonds. Oil prices briefly rose on concerns an escalating Ukraine war will tighten oil and gas supply, while the dollar strode higher on expectations that the Federal Reserve will announce a big interest rate hike at 2 p.m. (1800 GMT). European stocks pared early losses and rose. U.S. equities rallied ahead of the Fed's rate hike and an accompanying statement that investors hope will provide a clue...