Home Business Global Markets: Asian shares falter, dollar jumps as Powell dampens hopes for... Business Global Markets: Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts By Genpie - August 1, 2019 134 0 Facebook Twitter Google+ Pinterest WhatsApp Asian shares fell to six-week lows on Thursday and the dollar rose after the U.S. Federal Reserve delivered a 25-basis-point rate cut as expected but poured cold water on market expectations of a lengthy easing cycle.