Market move● Neutral for Indian equities
Asian Currencies Consolidate, But May be Aided by Reduced Fed Rate-Hike Prospects
The brief
- Asian currencies consolidated against the dollar in early trade
- Reduced Fed rate-hike prospects may support Asian currencies
- Asian shares rise as Fed hike bets ease; oil gains
- Asian shares fall as US jobs data looms after Treasury yield hits 24-year high
- Asian shares fall amid bond and FX swings ahead of US jobs data
- Bears maintain grip on oil-importing Asian currencies as crude prices bite
- Global bond sell-off deepens as Asian yields jump