Most Asian markets rise as traders gear up for Fed rate cut

Most Asian markets rise as traders gear up for Fed rate cut …C0NTINUE READING HERE >>>

Focus is on the Federal Reserve and its meeting next week, when it is expected to cut rates for the first time since the start of the pandemic.
Photo: Brendan SMIALOWSKI / AFP
Source: AFP

Asian markets mostly rose Friday and the yen sat around nine-month highs after another healthy day on Wall Street as investors gear up for an expected US interest rate cut next week.

More data suggesting the Federal Reserve was winning the battle against inflation provided an extra kick for equities…

>

Leave a Comment