You are here: Home » Reuters » News
Business Standard

Asia lags Wall Street's record run, wary of Fed plans

Reuters  |  SYDNEY 

By Wayne ColeSYDNEY (Reuters) - Asian shares turned mixed on Wednesday while the dollar was left adrift as investors everywhere awaited clarity on the Federal Reserve's future path for U.S. policy after a likely rate rise later in the day.Futures for European bourses likewise pointed to marginal early gains with the Eurostoxx 50 up 0.1 percent.Chinese data showed retail sales and industrial output beat forecasts, but a miss in urban investment reinforced views the world's second-largest economy will start to lose momentum as lending costs rise and the property market cools. The reaction was ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, June 14 2017. 11:43 IST