Reported about 1 month ago
Asian stock markets experienced mixed trends as traders reacted to political upheaval in South Korea and anticipated potential economic stimulus from China. Futures in Australia and Hong Kong declined, while those in Japan and China rose. The S&P 500 reached a record close amid cooling labor market indicators, increasing expectations for a Federal Reserve interest rate cut. The situation in South Korea remains tense with discussions around a potential presidential resignation, while China is expected to provide fiscal support amid slowing demand. Global markets are set for a busy week with various central bank meetings and economic data releases.
Source: YAHOO