SE Asia Stocks-Rise on hopes of Fed’s rate cut; Thailand shines
Southeast Asian stock markets edged up on
Wednesday, with Thailand leading the gains, as hopes of a widely
anticipated rate cut by the U.S. Federal Reserve later in the
day boosted risk sentiment.
The U.S. central bank’s likely 25 basis point trim would
mark Fed’s third rate-cut this year, while investo
Wednesday, with Thailand leading the gains, as hopes of a widely
anticipated rate cut by the U.S. Federal Reserve later in the
day boosted risk sentiment.
The U.S. central bank’s likely 25 basis point trim would
mark Fed’s third rate-cut this year, while investo
Posted by Reuters
