Tokyo - Asian shares tracked the Wall Street rally on Wednesday after U.S. central bank comments pointed to the increasing prospects of an interest rate cut, boosting investor sentiment and pushing the dollar lower.
MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.4%, while Japan’s Nikkei average climbed 1.9%. Uncertainties over how, or if, the United States will settle its trade conflict with its key trade partners, notably China, has kept many investors on edge. The pound recovered on Tuesday, after suffering its 4th consecutive week of losses against the euro, but concerns about a disorderly departure from the European Union meant gains were minimal, amid promises from U.S. President Donald Trump of a “phenomenal” post-Brexit trade deal. Sterling was last quoted at $1.2701.
tesla_truth GerberKawasaki have fun with Part 2 of the epic Short Squeeze coming tomorrow $TSLAQ fans 🤣😂 “Sell in May” has gone away
It’s called a feedback loop. Good thing we are trying to adversely impact each other’s economy. WeBothLose
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