The third reading on how the economy did during Trump's first few months in office will come out on Thursday. Markets will also focus on earnings out of Nike.
HONG KONG (AP) — Asian shares rallied Thursday following Wall Street's rebound as investors regained confidence in the global economic outlook.
The dollar shuddered to its lows for the year on Thursday as a drumbeat of hawkish comments from major central banks signalled the era of easy money might be coming to an end for more than just the United States. Support for the dollar eroded as investors realised the U.S. Federal Reserve might not be the only game in town when it came to higher interest rates. In Britain, Bank of England Governor Mark Carney surprised many by conceding a hike was likely to be needed as the economy came closer to running at full capacity.