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Asian Shares Mixed After Hawkish Fed Pause

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Asian stocks ended mixed on Thursday as new Chinese data disappointed and the U.S. Federal Reserve signaled that more rate hikes are in the cards. Investors also awaited cues from the ECB and BOJ meetings.

Treasury yields rebounded and the U.S. dollar rallied following fresh hawkish rhetoric from the U.S. central bank. Gold edged lower, while oil clawed back some losses after the previous day's plunge.

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