Asian markets climb as Bessent's nomination as US Treasury Secretary boosts investor morale.

Asian markets rose on Monday following a strong finish on Wall Street, as investors welcomed Scott Bessent's nomination as the next US Treasury Secretary. Bessent, a fund manager known for advocating tax reform and deregulation, is seen as a stabilizing force. Bitcoin fell short of reaching $100,000, trading at around $97,600. Investors also monitor key US data and the impact of global conflicts on oil prices.

November 25, 2024
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