Asia stocks falter on rate cut rethink

Asian stocks stumbled and the dollar was near a one-month high on Wednesday as hawkish rhetoric from central bankers beat back bets of early interest rate cuts, while geopolitical worries kept risk sentiment in check. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.31 per cent, touching a fresh one-month low. Japan’s Nikkei shrugged […]

This post was originally published on Michael West.