Asian markets bounce after sell-off, dollar closes on new highs


HONG KONG (AFP): Most Asian markets enjoyed a rare advance on bargain-buying Thursday (Sept 8), tracking a Wall Street rally after a series of losses, though the dollar resumed its upward march with the Federal Reserve expected to announce another bumper interest rate hike.

Equities have been ravaged for weeks by fears that global central bank moves to rein in runaway inflation by ratcheting up borrowing costs will spark fresh recessions in some leading economies.

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Asian , equities , Sept 8 , opening

   

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