Global shares gain as traders keep focus on Fed cut path


A view outside the London Stock Exchange. — AFP

MUMBAI: Global shares gained on Wednesday and the dollar steadied ahead of key U.S. inflation data which could impact the Federal Reserve's policy outlook, while geopolitical uncertainty lifted oil prices and kept gold near record highs.

The pan-European STOXX 600 rose 0.4% and equity futures pointed to a positive start on Wall Street, a day after the S&P 500 and Nasdaq posted new record closing highs.

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