Wednesday, May 13, 2020

Global Markets: Asian stocks set to slide on U.S. Fed fears, interest rate stance

Asian equities were set to slump on Thursday after the head of the Federal Reserve warned of a "significantly worse" U.S. recession than any downturn since World War Two because of coronavirus pandemic fallout, sentiments that drove bonds higher on a safety bid.


from Reuters: Money News https://ift.tt/2Z0kYFd
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