Stocks and bonds take heart from Powell; commodities on a roll
Malay Mail Online - Money·2024-04-05 05:03
LONDON, April 4 –– Global shares rallied today as US rate cuts remained on the table even if their timing was unclear, while the yen slid against everything except the dollar and gold was pinned near record highs.
There was also action in industrial commodities as oil traded at five-month highs and copper reached a 15-month peak, helping to lift shares in basic materials and energy companies.
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