Asia Stocks Set to Fall at Open; Oil Trims Advance: Markets Wrap
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Asian equities look set to fall Tuesday following declines in European stocks and bonds as European Central Bank officials tamped down rapid rate cut expectations.
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Published Jan 15, 2024 • Last updated 10 minutes ago • 3 minute read
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(Bloomberg) — Asian equities look set to fall Tuesday following declines in European stocks and bonds as European Central Bank officials tamped down rapid rate cut expectations.
Australian shares and futures for Hong Kong slipped, while those for Japanese equities rose. US contracts were little changed after a Monday holiday. The region-wide Euro Stoxx 50 inched 0.3% lower Monday, partly weighed down by a contraction in German gross domestic product in the fourth quarter, although Europe’s largest economy managed to avoid recession.
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Bloomberg News
2024-01-15 18:08:39
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