A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.The mood across Asia at the midpoint of the week is increasingly upbeat, as a growing consensus that the U.S. central bank is near the end of its policy tightening cycle continues to weigh on the dollar, improve sent
The mood across Asia at the midpoint of the week is increasingly upbeat, as a growing consensus that the U.S. central bank is near the end of its policy tightening cycle continues to weigh on the dollar, improve sentiment, and lift asset prices.
Chinese regulators this week extended some policies in a rescue package introduced in November to shore up liquidity in the real estate sector. On a micro level in Asia, shares of Taiwanese chipmaker Foxconn and Indian metals-to-oil conglomerate Vedanta could be under the spotlight again after Foxconn pulled the plug on a $19.5 billion joint venture. Trading volume in Vedanta shares on Tuesday was the highest in seven weeks.
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