Published 1 year ago

Dollar nears 3-mth low, shares climb after Fed tests the brakes

Summary by Ground News

Shares hit a two-month high and the dollar swooped towards a three-month low on Thursday, after Federal Reserve signals of smaller interest rate rises from next month were followed by the message from Frankfurt that the ECB will plough on.

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Reuters

Dollar nears 3-mth low, shares climb after Fed tests the brakes

World shares touched a two-month high and the dollar swooped towards a three-month low on Thursday, after Federal Reserve meeting minutes pointed to a slower pace of U.S. interest rate rises from next month.

1 year ago·United Kingdom

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Channel News Asia

Asian shares higher on signs of US Fed slowdown, China stimulus

SYDNEY : Asian shares tracked Wall Street higher on Thursday, buoyed by signals the U.S. Federal Reserve may slow the pace of interest rate hikes and news of fresh economic stimulus from China, with the dollar failing to recoup losses. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.8 pe

1 year ago·Singapore

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IBTimes

Asian Shares Higher On Signs Of U.S. Fed Slowdown, China Stimulus

Asian shares tracked Wall Street higher on Thursday, buoyed by signals the U.S.

1 year ago·United States

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Financial Post

Asian shares higher on signs of U.S. Fed slowdown, China stimulus

SYDNEY -- Asian shares tracked Wall Street higher on Thursday, buoyed by signals the U.S. Federal Reserve may slow the pace of interest rate hikes and news of fresh economic stimulus from China, with the dollar failing to recoup losses.

1 year ago·Canada

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The Epoch Times

Dollar Nears 3-month Low, Shares Climb After Fed Tests the Brakes

LONDON—World shares touched a two-month high and the dollar swooped towards a three-month low on Thursday, after Federal Reserve meeting minutes pointed to a slower pace of U.S. interest rate rises from next month. With Wall Street shut for Thanksgiving, it was up to Europe to continue the rebound in market confidence that has been building for more than a month. It seemed a bit of a struggle early on as London’s FTSE slipped 0.1 percent, but th…

1 year ago·New York, United States

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