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GLOBAL MARKETS - Asian Stocks Ease, Dollar Firms as Traders Ponder US Rates

October 01, 2024, 09.25 AM | Source: Reuters
GLOBAL MARKETS - Asian Stocks Ease, Dollar Firms as Traders Ponder US Rates

ILUSTRASI. Asian stocks eased near two-and-half-year highs on Tuesday and the U.S. dollar firmed following hawkish comments from Federal Reserve Chair Jerome Powell

GLOBAL MARKET - SINGAPORE. Asian stocks eased near two-and-half-year highs on Tuesday and the U.S. dollar firmed following hawkish comments from Federal Reserve Chair Jerome Powell that scuppered bets of big interest rate cuts, while Mid-East tension kept risk sentiment in check.

Oil prices were steady and gold traded just below a record high touched last week as investors awaited U.S. labour data for more clarity on the pace of U.S. rate cuts.

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