Asian markets face uncertainty due to rising bond yields, pending central bank decisions, and geopolitical events.

Asian markets are cautiously trading amid rising bond yields, which challenge equity valuations, especially for tech stocks. The Federal Reserve is expected to cut rates by 25 basis points this week, though investors predict only two more cuts next year, with rates stabilizing around 3.80%. Central banks in Japan and China are also set to make key decisions this week. Additionally, economic data from China and the impeachment of South Korea's President Yoon Suk Yeol are influencing investor sentiment.

December 16, 2024
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