Asian markets opened with mixed results on Monday, influenced by Wall Street's uncertainty and Fed's interest rate expectations.
Asian markets opened mixed on Monday, reflecting Wall Street's uncertain performance. The U.S. Federal Reserve is anticipated to lower interest rates by a quarter point next month, with a 24% chance of no change. Australia’s S&P/ASX 200 rose slightly, driven by major miners, while Japan's Nikkei 225 surged 1.45%. Other Asian markets had varied results, with Indonesia down 1%, and gains in China, South Korea, and Malaysia. Geopolitical tensions continue to affect market sentiment.
October 28, 2024
115 Articles