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Asian markets fluctuated between gains and losses Monday as investors took a step back after last week’s rally fuelled by the Federal Reserve’s interest rate cut. Tokyo was the stand-out performer Monday, rising more than one percent, after the Bank of Japan said it would sell its ETFs — bought as part of a campaign of monetary easing aimed at kickstarting the sluggish economy — gradually…
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Asian markets mixed as traders take stock after Fed-fuelled rally
Nancie Serna
09:20
Asian markets fluctuated between gains and losses Monday as investors took a step back after last week’s rally fuelled by the Federal Reserve’s interest rate cut. Tokyo was the stand-out performer Monday, rising more than one percent, after the Bank of Japan said it would sell its ETFs — bought as part of a campaign
