Asian traders struggle to match Wall St record as Trump odds grow


HONG KONG: Asian markets fluctuated Tuesday (July 16) as rising expectations that Donald Trump will return to the White House played up against fresh hopes that the Federal Reserve will cut interest rates at least once this year.

Traders struggled to extend gains on Wall Street, where the Dow chalked up its first record since May, while the dollar rose with Treasury yields on speculation that another Trump tariff battle with China and likely tax cuts could push inflation higher.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Asian , equities , market , July 16

   

Next In Aseanplus News

China ‘poised to lead’ creation of quantum-proof telecoms security protocol
China’s Zhipu AI says its app can operate your smartphone for you
High Court dismisses NGO's suit against Perhilitan over dusky leaf monkey culling
12 door guardian statues unearthed at Cambodia's Angkor
China, Myanmar mark 10 years of biodiversity conservation partnership
Indonesia arrests former trade minister in sugar import graft case
Five Chinese citizens rescued from alleged abductor in Manila
1MDB trial: Najib’s defence team plans to call 11 witnesses
Thailand ranks fifth in most nerve-racking nations to drive in: Survey
GISB CEO, wife file habeas corpus petition, challenge arrest

Others Also Read