Asian shares drift into trade talks, Fed test  Reuters Africa

Asian shares drifted lower on Monday as markets anxiously counted down to a likely cut in U.S. interest rates this week with much riding on whether or not the ...

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Asian shares drifted lower on Monday as markets anxiously counted down to a likely cut in U.S. interest rates this week with much riding on whether or not the Federal Reserve signals yet more are in the pipeline.Asian shares drifted lower on Monday as markets anxiously counted down to a like...

GLOBAL MARKETS-Asian shares drift into trade talks, Fed test - Metals & Mining - Reuters

“What the Market wanted to hear from Jay Powell and the Federal Reserve was that this was the beginning of a lengthy and aggressive rate-cutting cycle which would keep pace with China, The European Union and other countries around the world....”

Donald J. Trump on Twitter: "What the Market wanted to hear from Jay Powell and the Federal Reserve was that this was the beginning of a lengthy and aggressive rate-cutting cycle which would keep pace with China, The European Union and other countries around the world...."

“As widely expected, the #Fed cut rates by 25 bps citing global uncertainties/muted inflation. it allso brought forward by 2 months the end date for its balance sheet reduction program—something that fewer observers had expected or even focused on https://t.co/5xj835DN0F #markets”

Mohamed A. El-Erian on Twitter: "As widely expected, the #Fed cut rates by 25 bps citing global uncertainties/muted inflation. it allso brought forward by 2 months the end date for its balance sheet reduction program—something that fewer observers had expected or even focused on https://t.co/5xj835DN0F #markets"

“The Fed lowered interests rates, not because of the pressure Trump put on them. But because of the risks he has introduced to the global marketplace.”

Dave Pell on Twitter: "The Fed lowered interests rates, not because of the pressure Trump put on them. But because of the risks he has introduced to the global marketplace."

“Honestly, this Baldwin/Hawley bill to lower the value of the dollar seems genuinely good, if modest. https://t.co/xgrZxJACiO "The legislation would empower the Fed to impose a 'market access charge' on all foreign purchases of U.S. stocks, bonds, property and other assets."”

Jeff Spross on Twitter: "Honestly, this Baldwin/Hawley bill to lower the value of the dollar seems genuinely good, if modest. https://t.co/xgrZxJACiO "The legislation would empower the Fed to impose a 'market access charge' on all foreign purchases of U.S. stocks, bonds, property and other assets.""

The British pound touched its lowest level in over two years against the dollar after Prime Minister Boris Johnson said a hard divorce from the EU was in the cards, while stocks dipped globally with Wall Street backing off record highs.The British pound touched its lowest level in over two years against the dollar after Prime Minister Boris Johnson said a hard divorce from the EU was in the cards, while stocks dipped globally with Wall Street backing off record highs.

Global Markets: Sterling slumps on 'no-deal Brexit' worries; stocks dip | Reuters