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06-05-2019, 12:40 AM
Asia Stocks Rally as Fed Signals Openness to Act: Markets Wrap
Stocks in Asia rose after Federal Reserve Chairman Jerome Powell signaled an openness to rate cuts, giving a boost to risk appetite that remains fragile amid trade-war tensions. Treasury yields gave back some of Tuesday’s rise. Japan led the charge, with the Topix index up 2%, though gains elsewhere in the region were more modest.
https://finance.yahoo.com/news/asia-stocks-rally-fed-signals-030801342.html?.tsrc=rss
Stocks in Asia rose after Federal Reserve Chairman Jerome Powell signaled an openness to rate cuts, giving a boost to risk appetite that remains fragile amid trade-war tensions. Treasury yields gave back some of Tuesday’s rise. Japan led the charge, with the Topix index up 2%, though gains elsewhere in the region were more modest.
https://finance.yahoo.com/news/asia-stocks-rally-fed-signals-030801342.html?.tsrc=rss