Asian stock markets rise as the Federal Reserve maintains expectations of three interest rate cuts this year
Data shows that on Wednesday's Asian market opening, the Nikkei 225 index rose more than 1.5% and hit a record high, South Korea's KOSPI index increased by 1.5%, Australia's SP/ASX200 index surged over 2%, and MSCI Asia Pacific Index went up more than 1%. Overnight, the Federal Reserve maintained its expectation of three rate cuts this year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $2,886, the cumulative long liquidation intensity on major CEXs will reach $1.206 billions
All three major U.S. stock indexes closed higher, with Intel rising over 10%.
Trending news
MoreCrypto prices
More
