Wednesday, May 9, 2007

GLOBAL MARKETS-Investors on hold as Fed rate decision looms

(Reuters) - LONDON, May 9 - Global share markets gave up gains on Wednesday as a looming interest rate decision from the U.S. Federal Reserve prompted caution despite speculation of a mining mega-merger and strong company earnings.

The dollar and government bonds were little moved and U.S. stock futures were pointing to a steady start on Wall Street as traders trimmed their bets ahead of the Fed's 1815 GMT announcement.


Read more at Reuters.com Bonds News

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