Asian stocks climb up after Fed’s minutes

Economies.com
2017-08-17 02:36AM UTC

Asian shares rose on the back of the Federal Reserve’s minutes, which showed the bank's intent to maintain the monetary easing policy, and base interest rate decisions on economic data.

 

Asian markets were buoyed as tensions between U.S and North Korea faded, while dollar dipped against rival currencies, amid Fed’s renewed concerns about sluggish below-target inflation.

 

Japanese shares decreased, as TOPIX fell 0.11% or 1.40 points to 1,242.98, while Nikkei 225 dropped 0.14% or 28.04 points to 19,701.24.

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