Stocks In Asia Mostly Higher As Fed Opens Door For Rate Cut - Dollar Advisory Financial Services

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Thursday, 20 June 2019

Stocks In Asia Mostly Higher As Fed Opens Door For Rate Cut

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Stocks in Asia were mostly higher in Thursday morning trade after the U.S. Federal Reserve left interest rates unchanged overnight but opened the door to a potential rate cut on the horizon. Mainland Chinese shares were mixed in early trade, with the Shanghai Composite adding 0.2% and the Shenzhen component fractionally higher, while the Shenzhen composite slipped 0.145%. U.S. President Donald Trump and Chinese Xi Jinping are set to meet at the upcoming G-20 summit in Japan, which will happen next week. Trump said talks between the “respective teams” would begin prior to that. 

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