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 ...