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Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers /
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2024-05-24 07:09:24

Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers on Nostr: Asian Markets Fall as US Data Dents Rate Cut Hopes =============== #0265b35c ver:1.04 ...

Asian Markets Fall as US Data Dents Rate Cut Hopes
===============
#0265b35c ver:1.04

Asian markets fall as strong US economic data dampens hopes of rate cuts, with traders now expecting a rate cut in December. The dollar strengthens, putting pressure on the yen. Hong Kong stocks fall for a fourth day, driven by profit-taking and central officials pushing back against rate reduction bets. All major indexes in New York end in the red, and Asian markets follow suit. #AsianMarkets #USData #RateCuts #DollarStrength #HongKongStocks...

#newstr #AsianMarkets #UsEconomicData #InterestRates #FederalReserve #RateCuts

https://here.news/story/0265b35c?ver=1.04
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