Tag: wagers

Asian stocks rise on tech rally, Fed rate cut wagers

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares rose to their highest in three weeks on Wednesday, buoyed by a rally in tech stocks, while the dollar wobbled after soft U.S. retail sales data reinforced expectations of the Federal Reserve cutting rates later this year. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.72% […]

Asian stocks fall, dollar rises as rate cut wagers waver

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks fell on Friday, while the dollar advanced as strong U.S. economic data bolstered the prospect of interest rates staying higher for longer and the Federal Reserve taking its time in cutting rates, keeping investors away from risky assets. MSCI’s broadest index of Asia-Pacific shares outside Japan fell […]