Asian markets fluctuate on uncertainty over Fed rate plan

Asian markets fluctuate on uncertainty over Fed rate plan …C0NTINUE READING HERE >>>

Forecast-beating US retail sales data helped to temper worries about the world’s number one economy.
Photo: SPENCER PLATT / GETTY IMAGES NORTH AMERICA/Getty Images via AFP
Source: AFP

Asian markets swung between gains and losses Wednesday as traders tried to ascertain how big an expected Federal Reserve interest rate cut would be later in the day, while the dollar held gains against the yen after forecast-beating US data.

While the US central bank is widely expected to slash borrowing…

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