Australia’s S&P/ASX 200 index climbed 2.43% and Japan’s Nikkei rose 3%.
“It’s something the market had been waiting for a long time,” said Shane Oliver, head of investment strategy and chief economist at AMP Capital. “There was a lot of money sitting on the sidelines.” After four consecutive 75 basis-point interest rate hikes to tame decades-high inflation, the case is now building for the Fed to moderate its aggressive stance, said Rodrigo Catril, senior currency strategist at National Australia Bank in Sydney.
In the currency market, the US dollar index slumped more than 2% overnight to 108.100, the most in over a decade. It was last at 108.230.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
स्रोत: dailymaverick - 🏆 3. / 84 और पढो »