Asian market set to welcome dovish Fed comments

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Asian markets are set to start the day with a generally positive tone, taking cues from Wall Street's performance. The bullish sentiment comes in resp

onse to the dovish remarks made by Federal Reserve officials regarding interest rates. Treasury yields fell, and the S&P 500 rebounded, erasing earlier losses after Federal Reserve Vice Chair Philip Jefferson's statements suggested a cautious approach to future rate hikes in light of recent increases in Treasury yields. Additionally, Federal Reserve Bank of Dallas President Lorie Logan noted that the recent surge in long-term U.S.

And this was very much suggested in Friday'spost-NFP tea leaves,so now we have the official follow-up.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top Wall Street analysts expect these dividend stocks to boost portfolio returnsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Exxon and Darden.
Source: NBCDFW - 🏆 288. / 63 Read more »