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The Indian rupee is poised to fall on Thursday following a further rise in U.S. Treasury yields amid worries over supply, that pushed the dollar index to the highest in two weeks. ... -May 29, 2024 at 10:52 pm EDT - MarketScreener
A Reuters report earlier in the week that China had asked banks to enhance financial support for developer China Vanke has also put support beneath Hong Kong stocks.
Asian shares notched seven month highs on Wednesday, on the back of record peaks on Wall Street, as investors mostly shrugged off slightly hotter-than-expected U.S. inflation, betting it won't derail interest rate cuts expected by the middle of the year. A Reuters report earlier in the week that China had asked banks to enhance financial support for developer China Vanke has also put support beneath Hong Kong stocks. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2% to its highest level since early August.
Nasdaq slips as growth stocks retreat ahead of economic data
Most Asian currencies were subdued on Tuesday while stocks extended losses ahead of key US. and regional economic data this week that could provide clues about interest rate outlook from the Federal Reserve and other central banks.