Stocks higher amid hopes of central banks stimulus
All eyes on Jackson Hole as central bankers meet on Thursday
Equity markets in Asia kicked off the week in green territory as US bond yields edged higher following a positive close to Wall Street on Friday. The rally in global stocks comes despite the fear of an economic slowdown and increasing risk of recession after the US 2-10 yield curve inverted for the first time since 2007.
With sentiment deteriorating, volatility soaring, and investors operating in an environment where global growth has been severely… Read More:
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