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

Reported 4 months 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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