Asian markets rally, tracking Wall St records Macau Business


Source: macaubusiness.com macaubusiness.com

Key Topics in this News Article:

News Snapshot:

Asian markets rally, tracking Wall St records By AFP Asian markets rallied Monday, recovering from last week’s volatility, with traders buoyed by a record performance on Wall Street though fears about the fast-spreading Delta variant continue to weigh on sentiment. A decision by China’s central bank to loosen monetary policy slightly for lenders also provided support, while eyes will be on a string of big events this week, including US inflation data, interest rate decisions in several countries and Chinese second-quarter growth figures. Federal Reserve boss Jerome Powell will also be delivering a policy report to US lawmakers, which will...