Asian shares fall, dollar at 7-month high after Yellen comments - News Summed Up

Asian shares fall, dollar at 7-month high after Yellen comments


It last stood at 2.5512 per cent. "In the Fed's case, this might amount to running the gauntlet of higher inflation with a very slow pace of monetary tightening. The US producer price index for final demand increased 0.3 per cent last month. "Under such circumstances, market observers will be looking out for potential issues over political friction and royal succession, and investors should be prepared for volatility. In the long run however, we believe the market uncertainty will ultimately be outweighed by Thailand's strong fundamentals," he said.


Source: Economic Times October 17, 2016 04:01 UTC



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