Asian markets sprang higher on Tuesday as Japanese stocks rebounded and Chinese money rates eased, while the U.S. dollar got a fillip from a report the Federal Reserve would again trim its bond buying next week. A drop in the yen helped Tokyo’s Nikkei .N225 rally 1.5 percent and dragged […]
Tag: Dollar
Asian stocks shake off Wall Street shadow, dollar gains
The dollar pushed higher on Friday and Asian stocks clawed their way off session lows, moving past downbeat results on Wall Street as some investors wagered that upcoming U.S. data will paint an optimistic picture of the world’s largest economy. The dollar index, which tracks the greenback against a basket […]
Global stocks rise, dollar falls as Fed rate path reassessed
World stocks rose towards a six-year high on Monday and the dollar and bond yields slipped as last week’s weak U.S. jobs data strengthened the case for the Federal Reserve to keep interest rates low for longer. Emerging markets were one of the biggest beneficiaries, having previously been under pressure […]
