-- Equity futures in Asia advanced following a rally in US stocks and bonds as the Federal Reserve held interest rates unchanged, bolstering hopes the rate-hiking cycle may be over.Markets Rally as Powell Says Fed Has ‘Come Far’: Markets Wrap
Fed Chair Jerome Powell left the door open for futher hikes in the central bank’s Wednesday decision, but noted that financial conditions have “tightened significantly in recent months driven by higher, longer—term bond yields, among other factors”. Elsewhere, the Bank of England is expected to hold rates for a second consecutive meeting Thursday, as inflation concerns ease.In Asia, economic releases Thursday include inflation data for South Korea, a monetary policy decision in Malaysia, and PMI data for Singapore. Corporate earnings releases due include Tata Motors Ltd and Adani Enterprises Ltd.
Warren Buffett's Japan trade felt like a gift from God, Charlie Munger says: 'It was awfully easy money' Western companies exiting Russia must sell assets in rubles or else face delays and perhaps losses to transfer dollars or euros abroad.These three high-yielding dividend stocks could boost your passive income in this volatile environment. The post 3 Cheap Stocks With at Least 7% Dividend Yields to Buy Right Now appeared first on The Motley Fool Canada.Popular Mobile Games You Must Play In 2023
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