Shares rise after market sees Powell comments as dovish

By Ankur Banerjee and Alun John
Updated February 8 2023 - 9:08pm, first published 9:06pm
Asian shares tracked Wall Street, which ended higher in choppy trading after Jerome Powell's speech. (AP PHOTO)
Asian shares tracked Wall Street, which ended higher in choppy trading after Jerome Powell's speech. (AP PHOTO)

Shares globally jumped and most currencies rose against the dollar on Wednesday, as investors discerned a dovish tone in comments from Fed Chair Jerome Powell, though a policy tweak by the ECB meant European bonds sat out the rally.

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