Asian Shares Down Waiting On Fed

Wochit Headline News - Tuesday, 18 July 2017
On Tuesday Asian shares stepped back from more than two-year highs. The dollar sagged on growing expectations that the Federal Reserve will take a more cautious approach to raising interest rates. A day after scaling its loftiest levels since April 2015, MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent. In low-volume trading, Wall Street ended little changed on Monday as investors braced for a flood of second-quarter earnings reports later this week.

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