Wednesday, July 31, 2019

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: Top News https://ift.tt/2ZiEwlr
at
Labels: , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

The Head of NATO Thinks President Trump ‘Deserves All the Praise’

By Lulu Garcia-Navarro from NYT Magazine https://ift.tt/EGtLFzp