GLOBAL MARKETS-Shares inch higher after Fed cut, BOJ keeps powder dry

A positive start in Europe nudged the main world share indexes and bond yields higher on Thursday, after the U.S. Federal Reserve's second interest rate cut of the year while Japan and others kept their limited remaining powder dry. The effects of the trade war has seen central banks around the world swing back into support mode this year, but the Fed's central message on Wednesday was that it wasn't expecting a major capitulation of the economy.

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