SINGAPORE: Stocks fall; Aussie dollar soars after surprise hike
SINGAPORE, May 2 (Reuters) - Global shares fell on Tuesday, as caution set in ahead of the Federal Reserve's upcoming policy meeting, while bumper profits at Europe's biggest bank gave financial stocks a boost.
The Australian dollar soared after the central bank stunned markets with a surprise interest-rate hike, while in U.S. markets, short-dated government bond yields shot up after the Treasury Department said it could run out of the cash it needs to pay its bills by early June.