FTSE 100 deep in the red at the close proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
Asian stocks eased on Friday after a set of strong U.S. economic data bolstered the view that the Federal Reserve will likely keep interest rates higher for longer, while the yen breached a psychologically important barrier amid intervention worries. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.21% but was on course to eke out a gain of over 1% in the first half of the year. Australia's S&P/ASX 200 index lost 0.39%, while Japan's Nikkei fell nearly 1%, but was easily the best performing Asian stock market with a 26% gain in the first six months of the year.
Asia Shares Edge Lower on Rate Hike Worries, Yen Frail usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Commenting on today’s interest rate rise from the Bank of England, William Marshall, Chief Investment Officer – Hymans Robertson Investment Services (HRIS)