Asian Stocks Reach 27-Month High on US Rate Cut Hopes, STI Breaks to Near Three-Month High
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#15296a3b ver:1.1

Asian stocks reach 27-month high on hopes of US rate cut, with STI breaking to near three-month high. Asian currencies gain against weaker dollar, while commodities rally. Markets betting on Fed's easing cycle starting in September. Gold and oil prices rise. Weaker Treasury yields and dip in US dollar support risk sentiments. US non-farm payroll data and UK elections results to impact market views. STI gains 3.2% in past week, close to 2022 high. If it breaks 3,458 level, it may retest 2018 high. #AsianStocks #USRateCut #STI #Gold #Oil #Fed #NonFarmPayrolls...

#newstr #AsianStocks #UsRateCutHopes #Dollar #Bonds #Commodities #Gold #OilPrices #Nikkei #Topix #HongKong #Taiwan #Tsmc #Byd #LiAuto #IsmMeasure #AsianCurrencies #FederalReserve #TaipeiStocks #SingaporeEquities #ManilaShares #JakartaStocks #SouthKoreanWon #TaiwaneseDollar #MalaysianRinggit #DollarIndex #UsEconomy #InterestRateCuts #FedEasingCycle #UkElections #Japan'sHouseholdSpending #StraitsTimesIndex(sti) 

 https://here.news/story/15296a3b?ver=1.1