Wednesday, 3 July 2019

Global Markets: Stocks rally again on expected Fed rate cuts; euro on defensive

No comments :

By Tomo Uetake TOKYO (Reuters) - Asian stocks advanced on Thursday, tracking sharp gains on Wall Street as recent data from multiple sectors pointed to slowing economic growth in the United States, bolstering the prospect of rate cuts by the Federal Reserve. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3% as did Japan's benchmark Nikkei, and Australia was up 0.6%. A U.S

The post Global Markets: Stocks rally again on expected Fed rate cuts; euro on defensive appeared first on Firstpost.



from Firstpost https://ift.tt/2Lzzv3P

No comments :

Post a Comment