Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
World
AFP News

MYSTERIOUS: Asian markets mixed as traders digest fed s hawkish pivot - What They Never Told You

US lawmakers battling to avert a government shutdown this weekend after the House of Representatives rejected a Republican-led funding bill (Credit: AFP)

Equities fluctuated Friday and the dollar maintained its gains against its peers as investors assessed the fallout from the Federal Reserve's outlook for interest rate cuts and possible impact of Donald Trump's presidency on the economy.

Data showing Japanese inflation rose more than expected last month did little to help the yen, which took a hefty hit from the US central bank's more hawkish tilt and the Bank of Japan's refusal to tighten monetary policy.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.