Asian shares rallied on Thursday, tracking a huge revival in global tech stocks helped by Meta and Nvidia, while prospects of imminent policy easing in the...
Asian shares rallied on Thursday, tracking a huge revival in global tech stocks helped by Meta and Nvidia , while prospects of imminent policy easing in the U.S. boosted global bonds and commodities. The Federal Reserve held interest rates steady overnight but opened the door to a cut in September. The Bank of Japan raised interest rates for the second time in 17 years on Wednesday and signalled more tightening to come.
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