While you were sleeping: Stocks fall before Fed meets

Mon, 13 Jun 2016

By Margreet Dietz June 14 (BusinessDesk) - Equities on both sides of the Atlantic fell, while US Treasuries gained, as investors positioned themselves for the start of a US Federal Reserve policy meeting and next week’s UK vote on Britain’s membership in the European Union. The two-day Federal Open Market Committee meeting is scheduled to start on June 14. Fed Chair Janet Yellen is set to give a press conference at the end of the gathering on Wednesday. Both the Fed’s statement and Yellen’s comments will be scrutinised for any clues a...

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