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Asian shares edged cautiously higher on Tuesday, tracking a rebound in Wall Street overnight despite disappointing economic data from China and the US fuelling recessionary fears.
Week Ahead: US dollar to fall further on recession fears?
Even though the June FOMC meeting is now behind us, markets will continue being laser-focused on the Fed’s quest to tame inflation, a campaign which is feared could end with a recession.
Markets have steadied overnight after Wall Street found a bid during a choppy session. Gains picked up in equity markets through the day, with S&P500 and Nasdaq both posting decent returns.
Asian shares edged cautiously higher on Tuesday, tracking a rebound in Wall Street overnight despite disappointing economic data from China and the US...
Even though the June FOMC meeting is now behind us, markets will continue being laser-focused on the Fed’s quest to tame inflation, a campaign which...
FED
FOMC
Federal Reserve
US Dollar
USD index
inflation
Fed rate hike
Recession
Markets have steadied overnight after Wall Street found a bid during a choppy session. Gains picked up in equity markets through the day, with S&P500 ...
G10 currencies enjoyed some reprieve against the US dollar this week, although stocks have endured another brutal selloff.
Markets are set to remai...
NZDUSD
Kiwi
RBNZ
FED
inflation
FOMC
rate hikes
DXY
US Dollar
Dollar index
USD index
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