Asia markets mostly rise as investors assess South Korea's surprise interest rate cut
Publishing timestamp: 2024-11-28 02:26:22
Summary
Asia-Pacific markets mostly higher after South Korea's surprise interest rate cut. U.S. markets lower on declines in big tech names. South Korea's export growth expected to slow. Bitcoin recovers slightly. Asian Development Bank elects new president. South Korea cuts interest rates to boost economy. Inflation data in line with expectations. S&P 500 poised to end seven-day winning streak. Trump's proposed tariffs could benefit tech stocks. U.S. stocks seen as expensive, opportunities sought in other markets.
Sentiment: MIXED
Tickers: .DXY, @LCO.1, NVDA, .CD20, .N225, JPY=, ETH.CM=, COIN, AUD=, BTC.CM=, DELL, .KS11, .DJI, HPQ, .SZI, .SSEC, @CL.1, .IXIC, .HSI, .AXJO, ARM, .SPX,
Keywords: shenzhen component index, prices, hang seng index, shanghai, nvidia corp, economic events, wti crude (mar'23), south korea, nikkei 225 index, business news, australian dollar/us dollar fx spot rate, world markets, breaking news: markets, australia, s&p 500 index, dow jones industrial average, dxy us dollar currency index, markets, nasdaq composite, asia economy, kospi index, usd/jpy, hp inc, dell technologies inc, ice brent crude (apr'23), arm holdings plc, breaking news: asia, united states, s&p/asx 200,
Source: https://www.cnbc.com/2024/11/28/asia-markets.html