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Asia shares climb, dollar slips on Fed wagers
[Reuters] - Asian shares jumped on Thursday and the dollar backed off highs on expectations the Federal Reserve would be confident enough of the U.S. economy to raise rates in December but would then proceed with great caution on further tightening. The Bank of Japan surprised no one at its regular policy meeting by maintaining the current pace of asset buying, though many still suspect it will have to ease again at some point to force inflation higher. Japan's Nikkei (.N225) firmed 1.07 percent, brushing aside a disappointing report on exports and imports.
Asia shares climb, dollar slips on Fed wagers - Yahoo Finance
[Reuters] - Asian shares jumped on Thursday and the dollar backed off highs on expectations the Federal Reserve would be confident enough of the U.S. economy to raise rates in December but would then proceed with great caution on further tightening. The Bank of Japan surprised no one at its regular policy meeting by maintaining the current pace of asset buying, though many still suspect it will have to ease again at some point to force inflation higher. Japan's Nikkei (.N225) firmed 1.07 percent, brushing aside a disappointing report on exports and imports.
Asia shares climb, dollar slips on Fed wagers - Yahoo Finance
