Asia shares recover as Fed cut hopes reignite
Asia markets rebound as Fed easing expectations return.
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1 day agoAsia shares recover as Fed cut hopes reignite
Asian stocks gained modestly on Wednesday after dovish signals from Fed Chair Powell rekindled investor optimism. The MSCI Asia ex-Japan index rose, with Japanese and Korean markets among leaders. Markets are now pricing in about two 25 bps cuts by year-end as balance sheet runoff may end sooner than expected. Traders remain cautious given ongoing U.S.-China tensions and data gaps caused by government shutdowns.
positive
1 day agoAsia shares recover as Fed cut hopes reignite
Asian stocks gained modestly on Wednesday after dovish signals from Fed Chair Powell rekindled investor optimism. The MSCI Asia ex-Japan index rose, with Japanese and Korean markets among leaders. Markets are now pricing in about two 25 bps cuts by year-end as balance sheet runoff may end sooner than expected. Traders remain cautious given ongoing U.S.-China tensions and data gaps caused by government shutdowns.
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Asia shares recover as Fed cut hopes reignite
1 day ago
1 min read
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Asia markets rebound as Fed easing expectations return.
Asian stocks gained modestly on Wednesday after dovish signals from Fed Chair Powell rekindled investor optimism. The MSCI Asia ex-Japan index rose, with Japanese and Korean markets among leaders. Markets are now pricing in about two 25 bps cuts by year-end as balance sheet runoff may end sooner than expected. Traders remain cautious given ongoing U.S.-China tensions and data gaps caused by government shutdowns.
Asian stocks gained modestly on Wednesday after dovish signals from Fed Chair Powell rekindled investor optimism. The MSCI Asia ex-Japan index rose, with Japanese and Korean markets among leaders. Markets are now pricing in about two 25 bps cuts by year-end as balance sheet runoff may end sooner than expected. Traders remain cautious given ongoing U.S.-China tensions and data gaps caused by government shutdowns.
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