Wednesday, 13 May 2020

Asian stocks set to slide on U.S. Fed fears, interest rate stance

Asian equities were set to slump on Thursday after the head of the Federal Reserve warned of a "significantly worse" U.S. recession than any downturn since World War Two because of coronavirus pandemic fallout, sentiments that drove bonds higher on a safety bid.


from Reuters: Top News https://ift.tt/2Z0FhCs
Previous Post
Next Post

0 comments: