Asian markets, including Australia, rise following positive cues from Wall Street.

Asian markets, including Australia, climbed on Monday, buoyed by positive cues from Wall Street. The Australian S&P/ASX 200 rose 0.24% to 8,456.60, with gains in iron ore and financial stocks, offset by losses in gold miners. The manufacturing sector in Australia showed signs of stabilization, with a PMI score of 49.4 in November, up from 47.3 in October. There's a 66% chance of a Fed rate cut in December, according to CME FedWatch.

December 02, 2024
28 Articles

Further Reading