Asian shares ride Fed easing hopes to record highs

Cătălin Roșioru

SYDNEY : Asian share markets followed Wall Street higher on Friday as expectations for rapid-fire U.S. rate cuts promised to lower borrowing costs globally, a relief to stressed bond markets and a drag on the dollar. The joy spread to European shares with the EUROSTOXX 50 futures, FTSE futures and DAX futures all up 0.2 per cent. S&P 500 futures and Nasdaq futures were flat, having hit new peaks overnight. Indexes in Japan, South Korea and Taiwan were all at or near record peaks, while Chinese

Asian shares ride Fed easing hopes to record highs https://www.channelnewsasia.com/ - 09:28
Asian markets ride the Fed easing cycle to record peaks https://www.channelnewsasia.com/ - 05:21

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Asian shares ride Fed easing hopes to record highs https://www.channelnewsasia.com/ - 09:28
Asian markets ride the Fed easing cycle to record peaks https://www.channelnewsasia.com/ - 05:21