TOKYO Asian stocks edged up early on Thursday after the Federal Reserve provided an positive assessment of the world's largest economy and lifted risk sentiment.
WASHINGTON The Federal Reserve left interest rates unchanged on Wednesday but said near-term risks to the U.S. economic outlook had diminished, opening the door to a resumption of monetary policy tightening this year. | Video
WASHINGTON New orders for U.S. manufactured capital goods rose less than expected in June amid weak demand for machinery, suggesting an ongoing downturn in business spending.
Wall Street ended lower on Wednesday after the Federal Reserve left interest rates unchanged but opened the door to a possible rate increase later this year. | Video
NEW YORK The U.S. dollar weakened on Wednesday after the Federal Reserve's statement was seen as increasing the possibility of a September rate hike, but not strongly pointing toward one, and as investors turned attention back to the Japanese central bank meeting on Friday.
NEW YORK Oil prices tumbled 3 percent on Wednesday, with U.S. crude futures hitting three-month lows, as U.S. crude and gasoline stocks surged on weak demand during the peak summer driving season.
SHANGHAI, July 27 Hong Kong shares finished modestly higher on Wednesday, shaking off sharp losses in mainland China markets.
Asia/Pacific Market Reports
Americas Market Reports
Europe Market Reports
- Gold: PRECIOUS-Gold extends gains after Fed holds interest rates steady
- Oil Report: GLOBAL MARKETS-Asia stocks edge up, dollar sags after Fed meeting
- US Dollar Report: FOREX-Dollar weakens as Japan takes back focus from Fed
- British Pound Report: UPDATE 2-Sterling gets no lift from better, but backward-looking, GDP data