Asian stocks ended mostly higher on Friday as the greenback returned to the bullish vias following an overnight drop, with market players awaiting FOMC speakers later in the session.
On Thursday global stock markets continue to decline after a sharp sell-off in US stock exchanges on Wednesday.
Equity markets in Asia were down on Thursday, following a weak lead from Wall Street as the latest Federal Reserve minutes added to speculation over future monetary policy adjustments.
Yesterday British pound performed better than other major world currencies in relation to the US currency, but today it failed to resist downward impulse amid statistical data.
On Tuesday, gold continued to decline and by the end of the day yellow metal lost about 1.8% in price.
Asian equity markets were mixed on Wednesday, with Japan and South Korean remaining close to breakeven, while moderate gains were seen in Hong Kong and Taiwan.
Interest rates here, interest rates there. Yes. We are guessing this is not the first time you read about interest rates in the last couple of months.
EUR/USD currency pair remains today under pressure we observed on Friday as European currency moved to decline, when the price fell by more than 150 points.