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Asia extends global rally thefrontierpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefrontierpost.com Daily Mail and Mail on Sunday newspapers.
Equities surged Wednesday and the dollar struggled after slower-than-forecast US inflation was seen as all but putting to bed any chance of another interest rate hike, and even allowed traders to bet on a series of cuts in the new year.Data suggests they are now betting on as much as a one percentage point cut in rates through next year. ....
The dollar remained under pressure agains most other units, having dropped against its major peers, though the yen s rally was tempered by news that Japan s economy shrank more than forecast in the ....
ALBAWABA – Stocks worldwide surged after slower-than-expected US inflation data came in, supporting hopes that the US is done hiking US interest rates ....
Equities surged Wednesday and the dollar struggled after slower-than-forecast US inflation was seen as all but putting to bed any chance of another interest rate hike, and even allowed traders to bet on a series of cuts in the new year. ....