The US Federal Reserve's decision against hiking interest rates sent leading major stock markets tumbling Friday, but lifted bourses in some emerging markets.
Equity markets in the US, Japan, Germany, France and Britain all fell sharply after the Fed held fire due to worries about global growth.
But stocks and currencies in several emerging markets rose in relief. Investors had feared a US rate hike would have drawn investment funds from emerging economies for higher returns in the United States.
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Equity markets in the US, Japan, Germany, France and Britain all fell sharply after the Fed held fire due to worries about global growth.
But stocks and currencies in several emerging markets rose in relief. Investors had feared a US rate hike would have drawn investment funds from emerging economies for higher returns in the United States.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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