Asian markets rise as traders prepare for expected US rate cut

Asian markets rise as traders prepare for expected US rate cut

Asian stocks rose again Tuesday to extend another record day on Wall Street as traders locked in bets on a US interest rate cut this week, while they are also keenly eyeing flagged talks between Donald Trump and Xi Jinping.

Asian Markets Rise As Traders Prepare For Expected US Rate Cut

Asian stocks rose again Tuesday to extend another record day on Wall Street as traders locked in bets on a US interest rate cut this week, while they are also keenly eyeing flagged talks between Donald Trump and Xi Jinping.

US Rate Cut Fears Drive Asian Stocks Higher

Asian markets have risen, extending the record gains on Wall Street, as traders anticipate a US interest rate cut this week. The Federal Reserve’s policy…

US Fed rate cuts expected: Will it lift the Indian equity market?

Kolkata: The two-day meeting of the rate-setting FOMC of the US Fed is beginning today amid expectations that Federal Reserve chairman Jerome Powell will have to cut policy rates in response to the disappointing job market data in the US in recent weeks. Significantly, the US central bank held rates steady in five consecutive meetings over the past nine months. If the Fed opts for a 25 bps cut, the federal funds rate would decline to 4.00-4.25%.…