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

Rooting for the ‘Golden Bachelorette'

By Kate LoPresti, Sara Curtis, Wendy Dorr, Efim Shapiro, Minju Pak, Callie Holtermann and Gina Cherelus from NYT Podcasts https://ift.tt/yk...