NIFTY 50

Asia stocks cheer trade truce, bonds retreat

Updated : July 01, 2019 08:32:43 IST

The dollar gained on the safe-haven yen as Treasury yields jumped and futures reined in bets for a half-point rate cut from the US Federal Reserve this month.
The initial reaction was one of relief that new tariffs were avoided and Japan’s Nikkei climbed 1.6 percent to a two-month top.
MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.3 percent.
Published : July 01, 2019 06:41 AM IST

You May Also Like

Live TV

recommended for you