Asia stocks gain, much riding on China stability efforts
Wed, Feb 7, 2024 12:53 PM

Asia stocks gain, much riding on China stability efforts

A Flip by Avya Verma
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Asian stocks rise as investors wait to see effectiveness of China's efforts to boost markets. Bonds see a reprieve. Uncertainty remains about government's long-term approach and potential for short-term market bounce. Fed speakers signal progress on inflation, but no clear timing for rate cuts. US dollar eases, gold stabilizes, and oil prices find support.

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