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Fed rate cut expectations: Asian stocks waver as traders ponder rate cut bets

Asian shares fell on Thursday and the dollar was near a three-week high as traders dialled back bets of steep and early rate cuts this year, with the minutes of the Federal Reserve s last meeting failing to provide clues to when U.S. cuts might start.

Asian Stocks Ease as Traders Reassess Fed Rate Cut Bets

Asian Stocks Ease as Traders Reassess Fed Rate Cut Bets
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

Asian stocks waver as traders ponder rate cut bets

Asian shares fell on Thursday and the dollar was near a three-week high as traders dialled back bets of steep and early rate cuts this year, with the minutes of the Federal Reserve's last meeting failing to provide clues to when U.S. cuts might start. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.26% and was headed for third straight day of losses in a sobering start to the year. Japan's Nikkei fell 1% on its first trading day of the year.

rupee: Rupee closes slightly higher supported by dollar inflows

The dollar index edged lower to 102.14 after touching a more-than-two-week high in the New York session, supported by an uptick in U.S. yields and tepid risk appetite.

GLOBAL MARKETS-Asian stocks waver as traders ponder rate cut bets

GLOBAL MARKETS-Asian stocks waver as traders ponder rate cut bets
devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.

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