Global Markets: Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts
Global Markets: Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts
Asian shares fell to six-week lows on Thursday and the dollar rose after the U.S. Federal Reserve delivered a 25-basis-point rate cut as expected but poured cold water on market expectations of a lengthy easing cycle.
from Reuters: Money News https://ift.tt/2KjVCJi
via Blogger https://ift.tt/2KcBg4M
August 01, 2019 at 06:29AM
Asian shares fell to six-week lows on Thursday and the dollar rose after the U.S. Federal Reserve delivered a 25-basis-point rate cut as expected but poured cold water on market expectations of a lengthy easing cycle.
from Reuters: Money News https://ift.tt/2KjVCJi
via Blogger https://ift.tt/2KcBg4M
August 01, 2019 at 06:29AM
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