World stocks clawed their way back from two-month lows on Wednesday, February 7,though momentum was weak and U.S. futures suggested.
Global equities .MIWD00000PUS recovered modestly after their largest one-day fall in nearly two years on Monday, when volatility surged and investors ditched stocks and bonds.
Wall Street could lapse back into losses after rebounding from a rout that wiped $4 trillion off world equities.
Traders dialled back bets the U.S. central bank would ratchet up the pace of rate increases on Monday to between two and three hikes from three to four hikes last week, according to interest rates futures,Reuters reports.
A sharp decline in global share markets in recent days has had only a muted effect on the currency market, with traditional safe havens such as the yen and Swiss franc seeing only modest gains.
