Friday, 17 May 2013

Japanese shares slipped and Asian equities were broadly steady on Friday after a US Federal Reserve official said the central bank may begin to taper its asset buying this summer, lending support to the dollar.

 

US equities sagged on Thursday after John Williams, president of the Federal Reserve Bank of San Francisco, said the Fed could begin easing back on the monetary gas pedal this summer and end bond buying late this year.

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