Asian Markets Rise as Investors Anticipate U.S. Federal Reserve Insights

Reported 3 days ago

Asian shares mostly rose on Thursday, following a mixed close on Wall Street where stocks like Nvidia and Palantir regained some of their earlier losses. Investors are eagerly awaiting insights on U.S. monetary policy from a central bankers' meeting in Jackson Hole, with Federal Reserve chair Jerome Powell set to speak. Despite concerns over inflation due to tariffs, recent weak job growth reports have shifted focus. While Japanese stocks fell slightly, South Korea and Australia saw gains, indicating a cautious optimism amid market fluctuations.

Source: YAHOO

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