Asian Markets React Amidst U.S. Presidential Debate and Low Oil Prices

Reported 29 days ago

Asian markets experienced volatility following the U.S. presidential debate between Kamala Harris and Donald Trump, leading to a slip in U.S. stock futures and a decline in the dollar. Investors are cautious as they await U.S. inflation data that could impact Federal Reserve decisions, with markets currently predicting a 66% chance of a 25 basis point rate cut. Oil prices remain near a three-year low due to revised demand forecasts from OPEC+.

Source: YAHOO

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