NewsFeeder
06-07-2016, 01:22 AM
Asia stocks rise, dollar eases as Yellen green-lights risk
[Reuters] - Asian stocks rose to a five-week high on Tuesday after U.S. Federal Reserve Chair Janet Yellen gave a largely upbeat assessment of the U.S. economic outlook, while the dollar declined on easing expectations of interest rate increases in coming months. MSCI's broadest index of Asia-Pacific shares outside Japan rose more than 1 percent, taking its gains to 6 percent in two weeks, as investors judged the Fed's cautious stance as well-suited to equities. In Asia, Hong Kong led regional stock markets, rising 1 percent as investors hunted for bargains in one of the cheapest equity markets in the region.
Asia stocks rise, dollar eases as Yellen green-lights risk - Yahoo Finance (http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/asia-stocks-hit-five-week-004741327.html)
[Reuters] - Asian stocks rose to a five-week high on Tuesday after U.S. Federal Reserve Chair Janet Yellen gave a largely upbeat assessment of the U.S. economic outlook, while the dollar declined on easing expectations of interest rate increases in coming months. MSCI's broadest index of Asia-Pacific shares outside Japan rose more than 1 percent, taking its gains to 6 percent in two weeks, as investors judged the Fed's cautious stance as well-suited to equities. In Asia, Hong Kong led regional stock markets, rising 1 percent as investors hunted for bargains in one of the cheapest equity markets in the region.
Asia stocks rise, dollar eases as Yellen green-lights risk - Yahoo Finance (http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/asia-stocks-hit-five-week-004741327.html)