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Asian Market Update: Commodities And High-Beta FX Soar After Dovish Fed Statement Tempered ...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Asian equity markets are higher, tracking the strong close on Wall St that followed a more dovish than anticipated FOMC statement. While the Fed held off on another rate hike as widely expected, staff projections for rates this year were reduced by 50bps at the median to 0.875% implying[​IMG]

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