Asianshares Subdued On Dampened US Rate Cut Expectations

Asianshares Subdued On Dampened US Rate Cut Expectations

Monday, July 08, 2019
Asian shares slipped on Monday as investors wagered on a less aggressive policy easing in the UnitedStates, while the Turkish lira held near two-week lows after the country’s president dismissed its central bank governor over the weekend.

Global equities have generally been bolstered by expectations that central banks will keep interest rates at or near record lows to boost economic growth.

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