SE Asia Stocks-Most trade in tight range ahead of Fed chief’s testimony
Most Southeast Asian stocks traded in a
tight range on Tuesday as markets awaited cues from the U.S.
Federal Reserve Chairman’s testimony to the Congress this week.
Buying in the region was subdued after
stronger-than-expected U.S. jobs data in June lowered market
expectations of a deep rate cut by the Fed.
“Investors will likely opt to keep t
tight range on Tuesday as markets awaited cues from the U.S.
Federal Reserve Chairman’s testimony to the Congress this week.
Buying in the region was subdued after
stronger-than-expected U.S. jobs data in June lowered market
expectations of a deep rate cut by the Fed.
“Investors will likely opt to keep t
Posted by Reuters
