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

No comments:

Post a Comment

Why are gray whales dying in San Francisco's waters? US scientists search for clues

Climate change and shifting migration patterns are bringing rare research opportunities and new mysteries. from BBC News https://ift.tt/CD...