Reported 17 days ago
Asian markets are set to rise following a rally in the US stock and bond markets after the Federal Reserve lowered interest rates by 25 basis points. The S&P 500 and Nasdaq 100 both reached new highs, and the global stock index also hit a record. Treasury yields fell, reflecting renewed investor confidence amid expectations of continued strong U.S. economic performance. Investors are now looking towards China for potential stimulus announcements following a recent legislative meeting.
Source: YAHOO