Asia shares rise; dollar, yields hurt by outsized Fed rate cut bets
Expectations of less aggressive easing by the BoE in contrast to the Fed have in turn kept sterling supported. It was last 0.1% lower at $1.3202, but strayed not too far from August's peak of $1.3269, its strongest level since March 2022.
Asian shares cautious as dollar, yields drop on large Fed cut bets
Uncertainty over the scale of Wednesday’s likely Fed rate cut kept shares in Asia subdued, with MSCI’s broadest index of Asia-Pacific shares outside Japan up just 0.1%. Japan’s Nikkei fell 0.6%, dragged by technology names as they tracked a decline on Wall Street.
Investors in Asia await the Fed meeting beginning Tuesday stateside as markets debate the size of the central bank's expected ...
Good morning. Bond traders are deeply divided about how much the Fed will cut this week. Amazon is planning to reduce how ...
WASHINGTON: The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday ...
Asian share markets slid on Monday after worries about a possible U.S. economic downturn slugged Wall Street, while dragging ...
Asian stocks are likely to come under pressure as the weaker than expected US payrolls report on Friday quashes earlier ...
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