Stocks crumble as hopes fade for imminent Fed rate cut
SYDNEY :Asian shares tumbled on Friday, joining a global selloff as hawkish comments from Federal Reserve officials doused hopes for a U.S. rate cut next month, while a still-messy data calendar added to the angst.MSCI's broadest gauge of Asian shares outside of Japan slid 1.1 per cent after stocks on Wall St
Equities, bond prices fall as hopes fade for Fed rate cut in December
NEW YORK/LONDON :A steep sell-off on Wall Street dragged MSCI's global equities gauge lower on Thursday while U.S. Treasury yields rose, as investor hopes for a Federal Reserve rate cut in December faded after a chorus of hawkish comments from central bank officials.In currencies, the dollar also fell despite
Equities tumble, bond prices dip as hopes fade for Fed rate cut in December
NEW YORK/LONDON :Wall Street indexes suffered their biggest one-day decline in a month on Thursday, pushing down MSCI's global equities gauge while U.S. Treasury yields rose as investor bets for a December rate cut took a dive after hawkish comments by Federal Reserve officials.In currencies, the dollar fell
Stocks fall with bond prices; hopes fade for rate cuts as US reopens to murky economic data
NEW YORK/LONDON :Declines on Wall Street dragged MSCI's global equities lower and U.S. Treasury yields rose as investor hopes for a Federal Reserve rate cut took a dive and officials pointed to a lack of clarity in economic data as the U.S. government ended its longest-ever shutdown.In currencies, the dollar
last updated on 14 Nov 06:45