News Formal

Asian stocks draw robust foreign inflows on US rate outlook, tech rally

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Foreign investors channelled massive money into Asian equities in June, after two months of selling, as easing U.S. price pressures raised hopes that the Federal Reserve would cut interest rates this year.

Taiwan Stock Exchange displays its new logo in a ceiling vault of its building in Taipei, Taiwan July 11, 2023 Joe Wang/TWSE/Handout via REUTERS/File Photo

U.S. inflation held steady in May, aligning with economists' forecast, a Commerce Department report indicated last week. Fed Chair Jerome Powell said on Tuesday that the U.S. is back on a"disinflationary path", reinforcing expectations about forthcoming rate cuts. Propelled by the global tech rally, the MSCI Asia Pacific IT index advanced nearly 10 per cent in June, marking its best performance in seven months.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인