Stocks rally amid expectation that the Fed will cut rates
Asian stock markets rise after the Federal Reserve signalled possible interest rate cuts later in 2019
20 June 2019 - 08:30
Tokyo — A gauge of global stock markets rose on Thursday while the dollar dropped and global bond yields plunged, with the 10-year US yield falling below 2%, after the Federal Reserve signalled possible interest rate cuts later in 2019.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6% while Japan’s Nikkei gained 0.6%...
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