Asian Stocks Gain As Dollar Strengthens On Fed Officials' Comments - Dollar Advisory & Financial Services

Breaking

Tuesday 20 June 2017

Asian Stocks Gain As Dollar Strengthens On Fed Officials' Comments

Asian markets trade higher as markets await political developments in Europe

Asian indexes trekked higher in early Tuesday trade as the dollar strengthened following comments from Federal Reserve officials over future interest rate hikes stateside.

The Nikkei 225 gained 0.86 percent and South Korea's benchmark Kospi index rose 0.45 percent in early trade.

Down Under, the S&P/ASX 200 traded 0.05 percent higher.

With inflation soft despite a 16-year low in the US unemployment rate, the Federal Reserve should move only slowly to raise interest rates and trim its bond portfolio, Chicago Fed President Charles Evans said Monday.

For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory

No comments:

Post a Comment