After Trump’s Win, Global Markets Eyes On Fed Decision
After the historic win of Donald Trump in the 2024 US Presidential election, the Asia markets have set their eyes on the Federal Reserve Bank for their interest rate policy. According to the Register-Herald, investors believe Trump’s economic policy, which includes adding a 60% tariff on Chinese goods and a
Asian Markets Show Volatility Amid Middle East Unrest
Asian markets witnessed a rocky start at the beginning of October as rising tensions in the Middle East region continued influencing investor sentiments, signalling mixed trading sessions. Hong Kong stock markets fell by 1% in its first hour of trade, whereas Australia’s S&P/ASX 200 index lost 0.46%. However, Hong Kong
Federal Reserve Rate Cut Fuels Gains in Asian Markets
In the latest development, the Federal Reserve reduced its interest rates by 50 basis points, bringing them to a range of 4.75% to 5%. Later, the Hong Kong Monetary Authority followed suit and reduced its interest rate by 50 basis points to 5.25%. The tax cuts led to a rally