Global Stocks Rally, Bond Yields Plunge After Fed Hints at Rate Cuts
Thursday, 20 June 2019 08:50 WIB | MARKET UPDATE |Saham Asia Indeks MSCI Asia Pasifik

A gauge of global stock markets edged near this year™s peak while benchmark U.S. Treasury yields and the dollar dropped after the Federal Reserve signaled possible interest rate cuts later this year.

MSCI™s broadest index of Asia-Pacific shares outside Japan rose 0.2% while Japan™s Nikkei gained 0.5%.

Signs that China and the United States are returning to the negotiating table after a six-week hiatus also bolstered risk sentiment.

The rally in stocks comes as a host of Asian central banks are scheduled to hold policy meetings later in the day, with most expected to flag moves toward looser monetary settings.

Source : Reuters

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