GLOBAL MARKETS-Shares, bonds rally, dollar off as Yellen strikes cautious pose

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GLOBAL MARKETS-Shares, bonds rally, dollar off as Yellen strikes cautious pose

[Reuters] - MSCI's broadest index of Asia-Pacific shares outside Japan reversed four sessions of losses to jump 1.3 percent. Japan's Nikkei was the only loser as a rise in the yen against the dollar nudged the index down 0.3 percent. The sea change came after Federal Reserve Chair Janet Yellen emphasised global dangers to growth and inflation, and thus the need to proceed "cautiously" on tightening policy.

GLOBAL MARKETS-Shares, bonds rally, dollar off as Yellen strikes cautious pose - Yahoo Finance
 
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