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GLOBAL MARKETS-Stocks, dollar, climb as Fed takes a first step
[Reuters] - Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark of confidence in the world's largest economy, lifting the dollar and piling on the pain for oil prices. The Federal Reserve's 25-basis-point increase was almost a decade in the making and easily one of the most telegraphed in history. "The Fed will be absolutely delighted with the lack of volatility across all asset classes," said Alan Ruskin, global head of forex at Deutsche.
GLOBAL MARKETS-Stocks, dollar, climb as Fed takes a first step - Yahoo Finance
[Reuters] - Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark of confidence in the world's largest economy, lifting the dollar and piling on the pain for oil prices. The Federal Reserve's 25-basis-point increase was almost a decade in the making and easily one of the most telegraphed in history. "The Fed will be absolutely delighted with the lack of volatility across all asset classes," said Alan Ruskin, global head of forex at Deutsche.
GLOBAL MARKETS-Stocks, dollar, climb as Fed takes a first step - Yahoo Finance
