Newscasts - Asia Markets Briefing: Asian stocks follow Wall Street down

Rakuten

14/02/2024 09:00

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Source: 'Reuters - Business videos'

Description: Traders' expectations of rate cuts from the Federal Reserve have
been pared back after US Treasury yields jumped on Wednesday on the news that
US inflation is still over 3 per cent. Futures now point to about 87 points of
easing this year, compared to 110 before that data. That has pulled Asian
stocks down, with even the Nikkei falling after it passed 38 thousand points
on Tuesday.
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