Global Market Today Asian shares mixed, dollar dips as Fed hike bets ease

Image for article Global Market Today Asian shares mixed, dollar dips as Fed hike bets ease
News Source : The Times of India

News Summary

  • The dollar experienced a decline following disappointing US economic indicators, leading to less anticipation for interest rate hikes.
  • Treasury yields dropped universally as retail sales saw a significant downturn.
  • Meanwhile, oil prices reversed their upward trend as traders sought new market signals.
  • In Asia, stock markets showed little variation amid careful monitoring of Middle Eastern affairs, with ongoing geopolitical tensions impacting global investor confidence.
  • The Nifty doesn't predict India.
  • It records it ET Prime special series: Bigger or Better?
  • Bharat Electronics’ 2013 to 2026 journey – Part 2.
The dollar remained under pressure after weak US economic data reduced bets for the Federal Reserve to raise interest rates next month.A Bloomberg gauge of the currencys strength slipped 0.

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