Asia stocks firm, dollar sags with US yields on Fed cut bets: The Dollar Bears Are Out

Asia stocks firm, dollar sags with US yields on Fed cut bets: The Dollar Bears Are Out

Global stock markets were more stable on Thursday, continuing to rebound after a sharp decline in early August, as investors anticipated that the US Federal Reserve would begin reducing interest rates shortly. A day after positive U.S. consumer inflation data supported predictions of a September rate decrease, oil prices spiked, and data out of China … Read more