Published 13 days ago

GLOBAL MARKETS-World shares climb on Fed cut bets, China gains; yen weakens

Summary by Devdiscourse

GLOBAL MARKETS-World shares climb on Fed cut bets, China gains; yen weakens U.S. stocks looked to open higher on renewed bets that the Federal Reserve would likely ease interest rates this year, while the yen weakened after a strong surge last week from Tokyo's suspected currency intervention. Futures remained buoyant with the S&P 500 adding 0.3% and Nasdaq futures ticking up 0.2% each in a positive sign for the Wall Street open later on after …

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The West Australian

Asia shares rally on Fed rate cut bets, yen pares gains

Shares have edged higher in Asia on bets the Federal Reserve would likely ease rates in 2024 while China's blue-chip index surged after reopening from holidays.

13 days ago

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PerthNow

Asia shares rally on Fed rate cut bets, yen pares gains

Shares have edged higher in Asia on bets the Federal Reserve would likely ease rates in 2024 while China's blue-chip index surged after reopening from holidays.

13 days ago·Perth, Australia

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Devdiscourse

GLOBAL MARKETS-World shares climb on Fed cut bets, China gains; yen weakens

13 days ago

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WTVB

Asia shares rally on Fed cut bets; yen pares gains

By Rae Wee SINGAPORE (Reuters) – Asian stocks rose on Monday on renewed bets that the Federal Reserve would likely ease rates this year, while the yen weakened after a strong surge last week from Tokyo’s suspected currency intervention. Trading was thinned in Asia with Japan out for a holiday, though markets in mainland China got off to an upbeat start after returning from an extended break. MSCI’s broadest index of Asia-Pacific shares outsi…

13 days ago

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