Global Markets-Sell-Off Fizzles Out Ahead of Fed, ECB and BoE Speeches

The steepest market sell-off of the year so far looked to be fizzling out on Tuesday, as traders waited to see if the head of the Federal Reserve and a number of top ECB and BoE officials give any new insights later on where interest rates are heading. The Australian dollar had already bolted upwards after its central bank signalled it would keep hiking…