MORNING BID ASIA-China 'Bazooka' Fizzles, Dollar on The March

October 30, 2024, 05.29 AM
MORNING BID ASIA-China 'Bazooka' Fizzles, Dollar on The March

ILUSTRASI. Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul. The benchmark Korea Composite Stock Price Index (KOSPI) gained 80.6 points, or 3.3 percent, to close at 2,522.15.

Source: ReutersEditor: Yudho Winarto

GLOBAL MARKET -  A look at the day ahead in Asian markets.

Markets in Asia appear to lack clear direction at the open on Wednesday, with investors still digesting the news of a potential 10 trillion yuan fiscal boost from China, while weighing the impact of a firm U.S. dollar and buoyant Treasury yields.

Read Also: US Goods Trade Deficit Surges to 2-1/2-Year High on Jump in Imports

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