Wednesday, 18 January 2017

Asian shares down, dollar jumps on Yellen’s rate hike signal

Asian Market 1

Asian shares down, dollar jumps on Yellens rate hike signal Asian shares edged lower on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen hinted that interest rates in the United States could rise quickly this year.

Japan’s Nikkei stock index was up 1 percent, lifted by the weaker yen’s tailwind.


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