Sidebar Ads

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: Business News https://ift.tt/2YjErBC

0 comments:

Post a Comment

N Korea hackers stole $1.3bn of crypto this year - report

Some incidents may be linked to North Korean IT workers infiltrating tech firms, according to research firm Chainalysis. from BBC News htt...