Asia-Pacific Markets Rise as China Maintains Key Rates Amid Global Easing
TL;DR Summary
Asia-Pacific markets rose ahead of China's decision on its loan prime rate, with major indices in Japan, South Korea, and Australia gaining, while U.S. markets hit new highs following the Federal Reserve's rate cut, and investors await China's monetary policy move.
Topics:business#asia-pacific-markets#business#china-loan-prime-rate#federal-reserve#interest-rates#stock-indices
- Asia-Pacific markets rise ahead of China's loan prime rate decision CNBC
- China expected to leave benchmark lending rates unchanged Monday despite Fed easing Reuters
- After Fed cut, moderate easing expected by China’s central bank, supporting yuan South China Morning Post
- CN, US Leaders to Hold Call Tonight at 9 PM: Wire AASTOCKS.com
- China's central bank injects CNY 195B into banking system, maintains key interest rate of 1.4% Seeking Alpha
Reading Insights
Total Reads
1
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
86%
294 → 41 words
Want the full story? Read the original article
Read on CNBC