Asia Stocks Climb and Rate Bets Ease. Now Comes Wednesday’s CPI Test
Asian stocks edged higher Monday and the probability of a September US rate hike dropped sharply, giving global markets room to extend last week’s record run. The calm has one clear expiry date: Wednesday’s inflation report. Japan’s Nikkei and South Korea’s KOSPI added marginally as the new week began. The MSCI Asia-Pacific index outside Japan The post Asia Stocks Climb and Rate Bets Ease. Now Comes Wednesday’s CPI Test appeared first on BeInCrypto.
Key Takeaways
- Asian stocks edged higher Monday and the probability of a September US rate hike dropped sharply, giving global markets room to extend last week’s record run.
- The calm has one clear expiry date: Wednesday’s inflation report.
- Japan’s Nikkei and South Korea’s KOSPI added marginally as the new week began.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in DeFi
A proposed Ethereum upgrade threatens to kill native yield and force SharpLink’s $125M treasury into high-risk DeFi
EIP-8363 would drive net consensus yield to zero at 60.25 million ETH staked, shifting the burden toward variable fees, MEV and DeFi returns. The post A proposed Ethereum upgrade threatens to kill native yield and force SharpLink’s $125M treasury into…
SharpLink CEO Warns Against New Ethereum Network Proposal EIP-8363
SharpLink CEO Joseph Chalom has come out against EIP-8363. This Ethereum proposal would burn validator rewards as the staking ratio rises, warning that the change would weaken decentralized finance and erase ETH’s native yield advantage over Bitcoin (BTC).…
Gate DexBuilder Launches First Event Contracts Builder, Unveils $3 Million Grant Program to Accelerate Market Ecosystem
Gate, a leading global digital asset platform, today announced that Gate DexBuilder, its DEX infrastructure platform, has officially launched its first Event Contracts Builder, alongside a $3 million grant program. The initiative provides project teams,…