BOK’s Yoon sees global uncertainties decreasing

Yoon Myun-shik, Senior Deputy Governor at Bank of Korea (BOK), South Korean central bank, responded to the US Federal Reserve’s (Fed) overnight monetary policy decision.

Yoon noted: “As the U.S. Fed said, the Bank of Korea will keep watching how (global) uncertainties are unfolding, but it’s true that we see the uncertainties as decreasing.” 

Asian stocks cheer Fed’s dovish pause, trade/politics in the spotlight

Asian equities are on the front foot, with the MSCI’s index of Asian Pacific shares rallying to the monthly top, as traders cheer Fed's dovish pause.
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