Asian Shares Reach Three-Year High as Dollar Weakens on Fed Uncertainty

Reported about 8 hours ago

Asian share prices soared to their highest level in over three years, spurred by a surge on Wall Street, while the U.S. dollar struggled due to concerns about the Federal Reserve's independence and expectations of upcoming rate cuts. Despite geopolitical tensions and trade uncertainties, global stock indexes are poised for a positive week, with significant gains in the Nikkei index and overall positive economic developments calming investor fears.

Source: YAHOO

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