Central banks fail to support equities as Brexit delay fail to boost Sterling

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Equity markets across Asia are trading in red on Thursday as investors digest the latest updates on the global economic outlook and central banks decisions. ECB Chief Mario Draghi reiterated that risks to the Eurozone economy remain to the downside as the central bank pledged to keep interest rates at current levels at least through to the end of 2019. Minutes from the Federal Reserve’s March monetary policy meeting showed no indication of a rate cut, but several officials noted that next move may be in either direction.

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