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2024-12-24 | Current Affairs

Asia Markets Surge on Easing US Inflation Concerns

TODAY’S NEWS Asian shares surged on Monday thanks to a benign reading on U.S. inflation that restored hopes for potential policy easing next year. There was also relief that Washington managed to avoid a government shutdown. With last week’s central bank decisions behind, the current week is much quieter with only the minutes of a few of those […]

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2024-08-23 | Current Affairs

Asian Shares Waver as Investors Eye Powell’s Speech, Yen Rises  

Asian shares remained cautious on Friday, while the U.S. dollar rebounded from its lowest levels in a year, as investors turned their attention to an upcoming speech by Federal Reserve Chair Jerome Powell. Markets are looking for confirmation that U.S. interest rate cuts will begin in September.