Investing.com-- Most Asian stocks rose on Thursday as the technology sector tracked an overnight rally on Wall Street, although overall gains were limited after the Federal Reserve slashed its outlook for interest rate cuts.
The move comes after the BOJ hiked rates for the first time in 17 years in March, and marked an end to its yield curve control policies. It had also flagged an eventual reduction in its bond purchases, which it is expected to enact this week. Chinese markets lagged as sentiment towards the country was battered by reports of more U.S. trade scrutiny against the country. TheRisk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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