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Asia markets mostly rise as investors assess South Korea's surprise interest rate cut - TL;DR CNBC

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.1NVDA.CD20.N225JPY=ETH.CM=COINAUD=BTC.CM=DELL.KS11.DJIHPQ.SZI.SSEC@CL.1.IXIC.HSI.AXJOARM.SPX

Keywords: shenzhen component indexpriceshang seng indexshanghainvidia corpeconomic eventswti crude (mar'23)south koreanikkei 225 indexbusiness newsaustralian dollar/us dollar fx spot rateworld marketsbreaking news: marketsaustralias&p 500 indexdow jones industrial averagedxy us dollar currency indexmarketsnasdaq compositeasia economykospi indexusd/jpyhp incdell technologies incice brent crude (apr'23)arm holdings plcbreaking news: asiaunited statess&p/asx 200

Source: https://www.cnbc.com/2024/11/28/asia-markets.html


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