Published 1 year ago

Shares rise, dollar wobbles after market sees Powell comments as dovish

Summary by Ground News

Asian equities rose, while the dollar wobbled on Wednesday. Comments from Federal Reserve Chair Jerome Powell boosted risk appetite. Powell reiterated that disinflation has begun but warned that the battle against inflation will "take quite a bit of time" China's shares were set to open 0.1% higher, while Hong Kong's Hang Seng Index was 0.22%.

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Reuters

Shares rise, dollar wobbles after market sees Powell comments as dovish

Shares globally jumped and most currencies rose against the dollar on Wednesday, as investors discerned a dovish tone in comments from Fed Chair Jerome Powell, though a policy tweak by the ECB meant European bonds sat out the rally.

1 year ago·United Kingdom

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The Epoch Times

Shares Rise, Dollar Wobbles After Market Sees Powell Comments as Dovish

LONDON/SINGAPORE—Shares globally jumped and most currencies rose against the dollar on Wednesday, as investors discerned a dovish tone in comments from Fed Chair Jerome Powell, though a policy tweak by the ECB meant European bonds sat out the rally. MSCI’s world share index rose 0.37 percent, heading back towards the nine-month high it hit in early February, and Europe’s STOXX 600 index gained 0.85 percent to a fresh nine month peak. Major bench…

1 year ago·New York, United States

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The West Australian

Asian shares rise, dollar staggers after Fed comments

MSCI's broadest index of Asia-Pacific shares outside Japan is up 0.51 per cent in early trading while Japan's Nikkei has lost 0.69 per cent.

1 year ago

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The Globe & Mail

Premarket: World shares rise, U.S. dollar wobbles after market sees Powell comments as dovish

MSCI’s world share index heads back toward nine-month highs seen in early February

1 year ago·Canada

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Inquirer

Asian shares rise, dollar staggers after ‘dovish’ Powell comments

Asian equities rose, while the dollar wobbled on Wednesday after less hawkish than feared comments from Federal Reserve Chair Jerome Powell boosted risk appetite and investor hopes that the central bank may soon ease monetary policy.

1 year ago·Manila, Philippines

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