Asia shares, bonds count on Fed to be accommodative

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Asia shares, bonds count on Fed to be accommodative
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Asian shares pulled ahead on Monday while bonds were in demand globally on mount...

E-Mini futures for the S&P 500 ESc1 dithered either side of flat. The S&P 500 boasted its best weekly gain since the end of November last week, while the Nasdaq had its best week so far this year.[.N]

Also expected is more detail on a plan to stop cutting the Fed’s holdings of nearly $3.8 trillion in bonds. The two-day meeting ends with a news conference on Wednesday. “Long-term bond yields remain noticeably lower across a wide range of countries,” said Alan Oster, group chief economist at National Australia Bank.

British Prime Minister Theresa May’s government is scrambling to get support in parliament for her Brexit deal.

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