Latest News

Markets mixed as traders await US data, Fed speakers
Markets mixed as traders await US data, Fed speakers
Economy
by  AFP

Asian markets were mixed Tuesday following a tepid performance on Wall Street, with profit-taking tempering hopes for Federal Reserve interest rate cuts next year and traders awaiting key US inflation data due later this week. Data suggests traders see almost one percentage point of cuts through next year, with US Treasury yields continuing to come down from their 16-year highs last month.