Saturday, January 11

Tag: individual usage expenses

Yen on intervention watch; Asia shares suppressed

Yen on intervention watch; Asia shares suppressed

Business
By Lewis Krauskopf and Amanda Cooper BRAND-NEW YORK/LONDON (Reuters) -A gauge of worldwide share markets was hardly altered on Thursday as it was poised to end the quarter with strong gains, while a strong dollar kept the yen near its weakest in years amidst the hazard of intervention from Japanese authorities. Wall Street's primary stock indexes completed the session with very little modifications as markets broadly were mostly rangebound ahead of Friday's much-anticipated U.S. individual usage expenses (PCE) rate index information, a carefully seen inflation step. Couple of markets will be open to evaluate and react to the fresh information, nevertheless, provided the long Easter weekend in numerous nations. "People are most likely a little careful about placing ahead of PCE," stated Sam...