Day: January 31, 2019

Jan 31

Asian stocks rose as Fed turns more cautious

Asian stocks rose to a four-month high on Thursday after the Federal Reserve pledged to be patient with further interest rate hikes, signaling a potential end to its tightening cycle amid signs of slowing global growth. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan rose to its highest since Oct. 4 and was […]

Jan 31

Forex Currency: Dollar is down against its major rivals

Forex Currency: The dollar losses against its major rivals on Thursday, with three-week lows after the Federal Reserve dialed back its predictions of future rate hikes this year, amid increasing uncertainty over the global economic outlook. The Fed left interest rates on hold at the conclusion of its meeting on Wednesday. It would be “patient” […]

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