Reported 4 months ago
Asian stocks are expected to start the day with gains as speculation on potential rate cuts gains momentum, following a weak manufacturing report that fueled beliefs in a Federal Reserve rate reduction this year. The bond market climbed while US 10-year yields sank, and stocks struggled for momentum despite a slight increase. Other highlights include upcoming labor market readings, signals of a coming economic slowdown, and insights from key financial figures on market conditions and expectations.
Source: YAHOO