Asia stocks hit 2-week high as Fed talk turns dovish

October 11, 2023

Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing Rights

Summary

Companies MSCI AxJ index up a 4th straight session to 2 week peak

China shares gain on stimulus report

Europe gas prices leap on pipe sabotage concern

SINGAPORE, Oct 11 (Reuters) – Asia’s stockmarkets rose on Wednesday and the dollar beat a retreat as a dovish shift in tone from Federal Reserve officials had traders paring U.S.…

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