Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business

Asian Markets Mixed As Traders Take Stock After Fed-fuelled Rally

Investors were taking stock after a recent run-up (Credit: AFP)

Asian markets fluctuated between gains and losses Monday as investors took a step back after last week's rally fuelled by the Federal Reserve's interest rate cut.

Tokyo led the winners after Japan's central bank said it would sell off its huge stock of exchange-traded funds (ETFs) gradually, having sparked a sell-off Friday by announcing plans to offload the holdings as part of a shift away from its loose monetary policy.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.