Dollar at one week high after hawkish Fed minutes; Asia stocks capped [Reuters (UK)]
The Bank of New York Mellon Corporation (BK)
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Source: Reuters
Dollar at one week high after hawkish Fed minutes; Asia stocks capped | Reuters 4 Min Read TOKYO (Reuters) - Asian stocks were capped and the dollar rose to a one week-high in early Thursday trade after the minutes of the Federal Reserve’s latest meeting showed broad agreement among board members on the need to raise borrowing costs further. The spectre of rising U.S. dollar yields, which along with global trade tensions were at the centre of last week’s global equities rout, kept riskier appetite in check in Asia. MSCI broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.2 percent, while the Australian benchmark also dropped 0.2 percent. Japan's Nikkei average .N225 was flat, and appeared to struggle for headway. Data out earlier in the day showed exports from the world's third-biggest economy dropped for the first time since late 2016, hit by declines in shipments to the United States and China. The U.S. dollar index .DOXY and Treasury yields rose to its highest
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- 4/18/24 - Form 144
- 4/18/24 - Form NPORT-P
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