MSCI's broadest index of Asia-Pacific shares outside Japan tracked world stocks higher
SINGAPORE – Asian stocks are set to snap a two-week losing streak on Friday after major central banks kick-started their rate easing cycle this week, adding to expectations the US Federal Reserve could soon follow suit.
"You've got two of the G7 cutting rates ... it certainly opens the door further to the Fed," said Tony Sycamore, a market analyst at IG. "We're not in the home straight, but we've certainly rounded the corner. "Equities, in all likelihood, would rally strongly on that, and that would reflect across the region. You'll likely see the dollar losing a little bit of strength from that."
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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