Reported 5 months ago
The article discusses how the cooling off of markets, particularly in the U.S., is impacting Asian markets as the first U.S. interest rate cut is pushed further back, with expectations now set for December after the presidential election. The article highlights the potential impact of tighter global policy on risk assets, as well as the recent rise in U.S. business activity and increasing price pressures. Additionally, it mentions upcoming economic data releases, including Japanese inflation, New Zealand trade data, and G7 finance chiefs meeting in Italy.
Source: YAHOO