Investors were eyeing Wednesday's meeting of the US Federal Reserve. The central bank has decided to keep interest rates in the US steady. Recent surprisingly weak job data caused the Fed to hold still, but it was just one of many reasons.
The US central bank's first female chief is planning to step down from it's governing board. Janet Yellen said in a letter to President Trump that she was "gratified" to leave with the US on firmer financial footing.
The US president has nominated Jerome Powell as the new chair of the central bank. While Trump wants low rates to boost growth and the stock markets, he knows that what Wall Street values most is safe hands.
Japan's government has nominated Haruhiko Kuroda for a second term as central bank governor, giving the veteran finance chief more time to battle deflation and kick-start the world's third largest economy.
As expected, the United States Senate has approved the appointment of Jerome Powell as the next head of the American central banking system.
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