Investors in Asia may favor playing it conservative ahead of a slew of economic indicators in coming days, especially with Japan's stock market notching...
Investors in Asia may favor playing it conservative ahead of a slew of economic indicators in coming days, especially with Japan's stock market notching consecutive record highs and market closures on Friday for many centers, including China.
Meanwhile, Premier Li Qiang on Sunday said China will carefully study issues of market access and cross-border data flows and will soon issue new regulations in these areas. That thinking obviously includes the Fed, which on Wednesday left the fed funds rate alone at 5.25% to 5.50% but indicated it was still prepared to lower rates by 75 basis points this year, despite a worrying uptick in U.S. inflation and economic growth solid enough perhaps to dodge a soft landing.
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