Asian rally stalls before Fed meeting, pound rebounds from lossesBy The Manila TimesHONGKONG: Asian markets were mixed Tuesday as investors bide their time until the Federal Reserve’s latest policy meeting, while the pound fought back against the dollar after taking a hit from the latest twist in Britain’s Brexit saga. With little fresh information on developments in China-US trade talks, focus has turned this week to the US central bank and its interest rate plans. Wall Street provided a positive lead with all three main indexes ending higher, though Asia struggled to take up the baton. May had been due to hold another vote this week on the pact. “Does it make it more or less likely that an extension to Article 50 will be longer than the short three-months?

Source: Manila Times March 19, 2019 03:00 UTC