Asia shares pause as Fed warns against exuberance

Do repost and rate:

By Wayne Cole SYDNEY (Reuters) – Asian share markets were taking a breather on Monday after last week’s sweeping rally as a top U.S. central banker warned investors against getting carried away over one inflation number, nudging up bond yields and the dollar. A modest miss on U.S. inflation was enough to see two-year Treasury yields dive 33 basis points for the week and the dollar lose almost 4%, the fourth biggest weekly decline since the era of free-floating exchange rates began over 50 years ago. However, the resulting easing in U.S. financial conditions was not entirely welcomed by the Fed…

Regulation and Society adoption

Ждем новостей

Нет новых страниц

Следующая новость