Asia shares underpinned by hopes for dovish Fed

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SYDNEY :Asian stocks were taking a breather on Monday after global equities enjoyed their best week in nine months on expectations the U.S. economy would dodge a recession and cooling inflation would kick off a cycle of interest rate cuts. The prospect of lower borrowing costs saw gold clear $2,500 an ounce for the first time and the dollar dip against the euro, though both the safe haven yen and Swiss franc receded as risk appetites recovered. Federal Reserve members Mary Daly and Austan

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Asia shares, gold underpinned by rate cut hopes https://www.channelnewsasia.com/ - 19.08.2024 08:44
Asia shares underpinned by hopes for dovish Fed https://www.channelnewsasia.com/ - 19.08.2024 08:44
Asia shares, gold underpinned by rate cut hopes https://www.channelnewsasia.com - 19.08.2024 04:19

din zilele anterioare

Asia shares, gold underpinned by rate cut hopes https://www.channelnewsasia.com/ - 19.08.2024 08:44
Asia shares underpinned by hopes for dovish Fed https://www.channelnewsasia.com/ - 19.08.2024 08:44
Asia shares, gold underpinned by rate cut hopes https://www.channelnewsasia.com - 19.08.2024 04:19