Asia stocks fall, dollar surges on Fed's optimistic tone
TOKYO - Asian stocks fell and the dollar surged to a three-week high versus the yen after the U.S. Federal Reserve ended its massive quantitative easing programme, as expected, but laced its economic assessment with a tinge of optimism.
Dollar stands tall on Fed's show of economic confidence
TOKYO - The dollar stayed on the front foot on Thursday, hovering near 3-1/2 week highs against a basket of currencies after the Federal Reserve surprised markets with a more hawkish policy tone and signalled its confidence in the U.S. economic recovery.
Intertek outperforms as FTSE rises to near three-week high
LONDON - Britain's top equity index rose to its highest level in nearly three weeks on Wednesday as expectations the U.S. Federal Reserve will signal it is in no rush to raise interest rates buoyed stock markets.
Dollar gains on Fed confidence, rate rise seen sooner
NEW YORK - The U.S. dollar surged higher on Wednesday after the Federal Reserve signalled confidence the U.S. economic recovery remained on track while investors started to bet on an interest rate increase sooner than previously expected.
Bond yields up, dollar rallies after upbeat Fed statement
NEW YORK - U.S. stocks fell while the dollar and government bond yields rose on Wednesday after the Federal Reserve announced the end of its stimulus programme in a statement that also noted improvement in the U.S. labour market.
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