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Wednesday, July 31, 2019

Asian shares stumble, dollar firms as Fed dampens bets on more rate cuts

Asian shares fell to six-week lows on Thursday while the dollar jumped to two-year highs as the U.S. Federal Reserve poured cold water on market expectations of a lengthy easing cycle following a 25 basis-point rate cut.


from Reuters: Business News https://ift.tt/2YDGVtG

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Train drivers accept pay deal to end strike action

Aslef said 96.6% of its members who voted backed the deal, marking the end of long-running strikes. from BBC News https://ift.tt/LxCn1G9