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Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers /
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2024-05-16 01:02:34

Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers on Nostr: Asian Markets Rise on Positive Sentiment and Rate Cut Expectations =============== ...

Asian Markets Rise on Positive Sentiment and Rate Cut Expectations
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#0265b35c ver:0.7

Asian markets rise on positive sentiment and rate cut expectations, driven by softening US labor market data. Speculation grows that the Federal Reserve will cut rates in September. European markets open mixed amid uncertainty about US rate cuts. US dollar slides as key data this week may show slowing inflation and consumer spending, potentially leading to rate cuts. Focus on US inflation data and Fed's monetary policy. Dollar remains steady as markets await crucial data metrics. Fed expected to cut rates by 25 basis points in September. US dollar index falls, while euro and sterling strengthen. US inflation data and consumer sentiment index to impact USD....

#newstr #AsianMarkets #PositiveSentiment #RateCutExpectations #UsInflationData #FederalReserve #UsDollar #InterestRateCuts #Ppi #Powell'sRemarks #EurozoneEconomy #MemeStocks

https://here.news/story/0265b35c?ver=0.7
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