Most Asian share indices were down tracking US equity markets and - TopicsExpress



          

Most Asian share indices were down tracking US equity markets and as comments from various Federal Reserve officials hinted that the central bank may not consider stimulus rollback at its next policy meet in October. The dollar continued to remain weak against the yen as concerns over the tapering of quantitative easing provided by US Federal Reserve in the form of monthly bond purchases subsided. The US Federal Reserve currently purchases bonds worth $85 bln per month to support the US economy.
Posted on: Tue, 24 Sep 2013 03:31:54 +0000

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