🚨 Asian Markets See a Sharp Reversal
Asian stock markets added over $500 billion in market value today, as expectations grew that the Federal Reserve will cut interest rates following lower-than-expected US inflation data.
🇰🇷 South Korea's KOSPI closed up +6.24%, adding ₩380.6 trillion ($256 billion).
🇯🇵 Japan's Nikkei 225 closed up +1.5%, adding ¥21.5 trillion ($131 billion).
🇹🇼 Taiwan's stock market closed up +1.6%, adding NT$2.0 trillion ($66 billion).
🇭🇰 Hong Kong's Hang Seng Index closed up +1.5%, adding HK$420 billion ($54 billion).
🇮🇳 India's NIFTY 50 closed up +0.6%, adding ₹2.5 trillion ($29 billion).
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