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Market Update : 
Asia Rallies On Fed’s Statement
Author: Ivaylo Dagnev
123jump.com
Last Update: 7:27 AM EDT June 30 2006



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Apart from the good news from overseas, the Bank of Japan is also likely to meet expectations in that it will end its zero-interest rate policy as early as next month as economic data released Friday showed Japanese core consumer prices rose firmly in May, while the jobless rate fell to an eight-year low. Auto makers led the gainers as fears were allayed that higher U.S. interest rates could affect American consumer demand.

 

 

 

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