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Asian Session Makes Gains on Monday as Focus Draws Away from USA
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👤Isaac Ndegwa
🕔September 5, 2016
The Asian session on Monday saw shares rally with optimism drifting back to the Asian economies as the US jobs report meant less optimism in the economy. There is a slight dip in optimism as investors are expected to relax their expectations on the Federal Reserve’s moves to hike interest rates, with earlier expectations suggesting the rates would rise as early as September.…
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👤Isaac Ndegwa
🕔August 1, 2016
On Monday, the Asian shares surged to one-year highs due to dampened expectations that the US Fed is going to hike the interest rates in the coming months. Disappointing US economic growth data is the main reason investors now have doubts that the federal reserve is going to tweak the interest rates higher.…
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