Asian shares fell on Thursday and the dollar was near a three-week high as traders dialled back bets of steep and early rate cuts this year, with the minutes of the Federal Reserve s last meeting failing to provide clues to when U.S. cuts might start.
Asian Stocks Ease as Traders Reassess Fed Rate Cut Bets theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
Asian shares fell on Thursday and the dollar was near a three-week high as traders dialled back bets of steep and early rate cuts this year, with the minutes of the Federal Reserve's last meeting failing to provide clues to when U.S. cuts might start. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.26% and was headed for third straight day of losses in a sobering start to the year. Japan's Nikkei fell 1% on its first trading day of the year.
GLOBAL MARKETS-Asian stocks waver as traders ponder rate cut bets devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.