Asia stocks retreat from 1-month high as Fed tempers rally
Share:
TOKYO (Reuters) - Asian stocks pulled back from a one-month high on Friday as the Federal Reserve looked set to deliver another interest rate hike next month, paring gains made earlier this week after U.S. midterm elections triggered a global equities rally.Spreadbetters expected European stocks to follow Asia's lead and open lower, with Britain's FTSE losing 0.45 percent, Germany's DAX slipping 0.3 percent and France's CAC dipping 0.15 percent.MSCI's broadest index of Asia-Pacific shares..