Equities extend global rally

By Agence France-Presse

Nov 04, 2023 12:11 am

HONG KONG: Equities extended a global rally on Friday as investors were caught up in a wave of optimism that the Federal Reserve has finished its cycle of interest rate hikes, with eyes now on the release of US jobs data.

After a fallow past two months, markets have recovered some of their mojo after the US central bank left borrowing costs on hold for a second straight meeting and hinted that no more were likely.

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