Reported about 2 months ago
Asian stocks experienced an upsurge, buoyed by a strong performance on Wall Street as investors anticipate the Federal Reserve's potential move to cut interest rates. The MSCI Asia-Pacific index is set for a third consecutive day of gains, with favorable markets in Japan, South Korea, and Australia. Attention is now focused on China's loan prime rate and the Bank of Japan's policy outlook, as traders remain cautious ahead of the Fed's Jackson Hole symposium.
Source: YAHOO