Global stocks fall after Yellen bank remarks, oil seesaws



U.S. stock prices slipped on Wednesday after comments from Federal Reserve Chair Janet Yellen raised concerns about increased banking regulations, while oil prices rose in choppy trading amid hopes of an output agreement and data showing a bigger-than-expected increase in U.S. gasoline inventories.
The dollar rose against the euro EUR= as European Central Bank President Mario Draghi said low interest rates are needed to revive growth and governments need to do their part if they want rates to eventually return to normal levels.
U.S. and German government bond yields were little changed,... read more

 
28 September 2016 in World News, Views: 27
Source: Reuters
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