Asian stocks today: Markets rise as Fed delivers third straight rate cut; silver hits record high

Asian stocks today: Markets rise as Fed delivers third straight rate cut; silver hits record high

Asian markets traded higher on Thursday after the US Federal Reserve delivered its third consecutive interest rate cut, although gains were capped as policymakers hinted they could slow the pace of future reductions.The latest quarter-point cut, bringing borrowing costs to their lowest level in three years, had already been widely expected. Investors, however, drew comfort…

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Markets watch: Asia stocks slip as rate cut hopes fade; crude prices retreat after Russian exports resume

Markets watch: Asia stocks slip as rate cut hopes fade; crude prices retreat after Russian exports resume

File photo (Picture credit: AP) Asian markets started the week on a weak note, with investors turning cautious amid fading expectations of a US rate cut and rising concerns over stretched tech valuations. The uncertain mood also spilled over into cryptocurrencies, with bitcoin briefly dipping below its end-2023 level.As per news agency AFP, traders are…

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