Asia Markets Stabilise as Fed Comments, Jobs Data Point to Cuts
6 Articles
6 Articles
Global markets mixed as investors stay cautious
All eyes turn to Fed’s monetary policy decision, US non-farm payrolls Global markets were mixed on Monday amid optimism that the Fed may start cutting rates this month, while investors are cautious ahead of US non-farm payrolls data to be announced on Friday. The Fed is 90% likely to issue a 25-basis-point cut on Sept. 17, according to money market estimates. The bank is expected to make a total of two 25-basis-point cuts, with the next one sche…
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