macro-strategy
Asian shares touch four-month high, dollar sags on Fed’s relaxed views
February 2, 2017 by publisher · Leave a Comment
Asian shares touched four-month highs while the dollar sagged on Thursday after the U.S. Federal Reserve stuck to its mildly upbeat economic view but gave no hint of accelerating rate hikes. While strong economic data from the United States and elsewhere has underpinned risk assets, uncertainty and concerns over U.S. President Donald Trump's policies have put global markets on edge. “With many of his cabinet members still not approved, including (incoming Treasury Secretary Steven) Mnuchin…
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Asian shares touch four-month high, dollar sags on Fed’s relaxed views