Skip to content
Home » GlOBAL MARKETS-Asian shares race to four-month peak as Fed pivot rally rolls on

GlOBAL MARKETS-Asian shares race to four-month peak as Fed pivot rally rolls on

    Asian shares jumped to a four-month peak on Friday as sharp declines in the dollar and U.S. yields extended a Federal Reserve-fuelled rally, but pushback on rate cuts from central banks in Europe could deal a blow to the global pivot hopes. Europe is also set to open higher, with EUROSTOXX 50 futures up 0.2% and FTSE futures gaining 0.3%. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan was last up 0.9% after an earlier rally to the highest since early August met some resistance due to a turnaround in Chinese shares.

    Read full NASCAR article on Yahoo Sports

    Read all NASCAR articles