Asian Stocks Mixed as US Rate Hopes Boost Some Markets, Yen Holds Gains Amid Intervention Talk =============== #d2be180c ver:0.63 Asian stocks mixed as US rate hopes boost some markets, yen holds gains amid intervention talk. Japan's NIKKEI slumped 1.99%, South Korea's KOSPI dropped 1.36%, while Australia's ASX 200 increased 0.77%. Hong Kong-listed Chinese tech majors rose over 2%, helping the Hang Seng index rally 2%. US rate cut prospects brightened as US consumer prices dropped 0.1% in June. Asian markets set for weekly gains as softer US inflation data fuels optimism for a Fed rate cut in September. Singapore's stock market hits highest level in over six years, while Taiwan shares fall 2.1%. #AsianStocks #USRateCut #Inflation #Fed #HongKong #Singapore... #newstr #AsianMarkets #UsInflation #FederalReserveRateCut https://here.news/story/d2be180c?ver=0.63