Asian stocks slip on prospect of smaller US rate cuts
Increased Middle East tensions after Iran’s seizure of a British tanker lift crude oil
22 July 2019 - 08:30
Tokyo — Asia stocks fell on Monday as investors scaled back expectations of an aggressive interest rate cut by the Federal Reserve, while heightened Middle East tensions following Iran’s seizure of a British tanker lifted crude oil prices.
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.4%...
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