Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Asia stocks drift, dollar firm as Fed rate path pondered
short by Kalpesh / on Wednesday, 8 May, 2024
Asian stocks lacked direction on Wednesday, while the dollar remained firm despite lower U.S. Treasury yields as markets assessed mixed signals from U.S. policymakers and economic data on the path for Federal Reserve interest rates.The yen remained on the back foot even with the threat of currency intervention from Japanese authorities to support it.
read more at Investment Guru