09 Jan Australia shares set to edge higher on Fed chair remarks; NZ flat
Australian shares were set to edge higher
on Friday, as assurances from U.S. Federal Reserve Chairman
Jerome Powell offset concerns over lack of concrete details in
the latest round of U.S.-China trade talks.
Powell reiterated the views of other policymakers that the
Fed would be patient about interest rate hikes.
However, trade-related optimism faded as China offered
little details on key issues at stake including the scheduled
U.S. tariff increase o
on Friday, as assurances from U.S. Federal Reserve Chairman
Jerome Powell offset concerns over lack of concrete details in
the latest round of U.S.-China trade talks.
Powell reiterated the views of other policymakers that the
Fed would be patient about interest rate hikes.
However, trade-related optimism faded as China offered
little details on key issues at stake including the scheduled
U.S. tariff increase o
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