Asian stocks rangebound amid rate jitters; Powell speech awaited

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Asian stocks rangebound amid rate jitters; Powell speech awaited

Investing.com-- Most Asian stocks moved in a tight range on Tuesday as uncertainty over interest rates, especially before a speech by Federal Reserve Chair Jerome Powell, kept investors on edge.

Some positive private purchasing managers index data helped support sentiment towards China this week, as did data showing an improvement in home sales. Optimism over India’s economy, with the ruling BJP party set for a third term in power, saw the Nifty and the

 

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