Stocks firm, dollar on edge ahead of Fed decision
By Tom Westbrook SINGAPORE (Reuters) - Asia's stockmarkets steadied on Wednesday, with signs of a slowdown in U.S. wages bolstering hopes that the Fed...
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By Tom Westbrook SINGAPORE (Reuters) - Asia's stockmarkets steadied on Wednesday, with signs of a slowdown in U.S. wages bolstering hopes that the Fed...
Asia's stockmarkets steadied on Wednesday, with signs of a slowdown in U.S.
LONDON/SINGAPORE—Global stocks edged up on Wednesday as signs of slowing U.S. wage growth supported expectations that the Federal ...
Asia's stockmarkets steadied on Wednesday, with signs of a slowdown in U.S. wages bolstering hopes that the Federal Reserve could hint at an end to interest rate hikes at its meeting later in the day. Wall Street indexes had rallied, as had bonds to a lesser extent, while the dollar gave up gains overnight when the Fed's preferred wages gauge, the U.S. employment cost index, showed a 1% rise last quarter, its smallest increase in a year.
The South African rand stays flat and showed little changed on Tuesday as the country continued to struggle with rolling power outages.