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Fed rate hike boosts Asia Pacific markets but oil price continues to fall

Discussion in 'Market News' started by Lily, Dec 17, 2015.

  1. Lily

    Lily Forum Member

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    The first US rate rise since 2006 has stoked confidence in world markets despite concerns about the longer term impact of a strong US dollar

    Governments and central bankers across Asia Pacific have breathed a collective sigh of relief after stock markets rallied rather than recoiled at the US Federal Reserve’s decision to raise interest rates.

    Related: Federal Reserve ends Hamlet-like indecision over interest rates

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