Asia stock rush pauses, bonds rally

Asia stock rush pauses, bonds rally

Asian shares have eased while bonds rallied after a downbeat economic outlook from the US Federal Reserve stoked speculation it would have to add to already historic levels of stimulus to safeguard recovery. Still, stock losses were modest given the scale of their...
Asia stock rush pauses, bonds rally

Asia’s stock rally pauses before US data

Asian stocks were poised for their biggest weekly rise in more than eight years on Friday while the euro hovered near a 1-1/2 month high as Europe’s central bank surprised with more stimulus, fuelling hopes for a global rebound. The equities rally prompted...
Asia stock rush pauses, bonds rally

Oil falls despite US crude stock drawdown

Oil prices fell about 2 per cent overnight despite the first decline in US crude inventories since January, as the US Federal Reserve chairman stoked demand fears with a warning the economy would take many months to recover from the coronavirus pandemic. Oil had...

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