Asian markets rebound to track Wall Street up as China cuts rates

Stocks rebound as China cuts rates

Stock markets rebounded Tuesday following losses fuelled by US debt worries, with sentiment boosted by China cutting interest rates to historic lows and hopes of a Russia-Ukraine ceasefire.

The Paris Stock Exchange (CAC 40) is out there this Tuesday, May 20, in lack of a real catalyst. However, the Wall Street equity index had, the day before, ended in a slight increase after opening in sharp decline. In China, the central bank has lowered two key interest rates to historically low levels.

Equities rebound to track Wall St up as China cuts rates

Most markets rose Tuesday as risk appetite returned following the previous day's US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic lows.

Asian markets rebound to track Wall Street up as China cuts rates

HONG KONG: Asian markets rose Tuesday (May 20) as investor sentiment returned following the previous day's US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic lows. The rally tracked advances on Wall Street, where the initial selloff sparked by Moody's removal o

Asian stocks surge as China cuts rates

Asian equities are gaining fresh momentum as China’s central bank eases monetary policy and CATL’s record-breaking Hong Kong debut captures investor attention. This shift in sentiment positions Asia as a compelling alternative to a cooling U.S. market. On Tuesday, Asian markets rebounded sharply, buoyed by the People’s Bank of China’s decision to lower key interest rates to stimulate a slowing economy. The one-year loan prime rate was reduced to…

Equities Rebound To Track Wall St Up As China Cuts Rates

Most markets rose Tuesday as risk appetite returned following the previous day's US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic lows.