Asian

Asian Markets Drift As US Jobs Data Dims Rate-Cut Hopes

Asian Markets Drift As US Jobs Data Dims Rate-Cut Hopes

Asian equities traded mixed on Wednesday as fresh US labour market data failed to revive expectations for another interest rate cut next month, while oil prices climbed following President Donald Trump’s order to block sanctioned Venezuelan tankers.

Investor sentiment across the region remained cautious after Federal Reserve officials signaled they were unlikely to lower borrowing costs for a fourth consecutive policy meeting. Lingering concerns over elevated technology valuations and the pace of returns from heavy investment in artificial intelligence continued to weigh on risk appetite.

Markets had been focused on the delayed release of key US non-farm payrolls data. Figures …

Asian Markets Gain Ahead Of Fed Rate Cut Decision

Asian Markets Gain Ahead Of Fed Rate Cut Decision

Asian stocks pushed higher on Tuesday, extending Wall Street’s record-breaking momentum, as traders prepared for what is widely expected to be a US interest rate cut this week. The move comes as investors also monitor potential talks between President Donald Trump and Chinese leader Xi Jinping.

The Federal Reserve’s policy decision, due Wednesday, is viewed as a near certainty, but market focus has shifted to the central bank’s “dot plot” projections for borrowing costs in the months ahead. Investors will also parse comments from Fed Chair Jerome Powell for signals on how aggressively the bank may ease policy as the …