Asia stocks firm, dollar sags with US yields on Fed cut bets

Inflatie

TOKYO : Asian stocks were firm on Thursday while the dollar remained on the back foot amid lower U.S. Treasury yields after benign consumer inflation data overnight reinforced bets for the Federal Reserve to start cutting interest rates next month. Regional equities took their lead from gains on Wall Street, with Japan's Nikkei rising 0.5 per cent as of 0139 GMT and Australia's stock benchmark up 0.1 per cent. Mainland Chinese blue chips added 0.4 per cent, although Hong Kong's Hang Seng

Tag-uri: Inflatie

Asia stocks firm, dollar sags with US yields on Fed cut bets https://www.channelnewsasia.com/ - 15.08.2024 10:06

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Asia stocks firm, dollar sags with US yields on Fed cut bets https://www.channelnewsasia.com/ - 15.08.2024 10:06