Posted 10/4/2023, 9:48:00 PM
Asian Markets Set to Rebound as Global Relief Rally Eases Investor Fears
- Asian markets poised to rebound following relief bounce around the world on Wednesday.
- Consumer price data from South Korea, Philippines, Thailand, Taiwan to potentially impact exchange rates.
- Biggest fall in 10-year Treasury yield since August helped ease market stress on Wednesday.
- Oil prices tumbled 5.5% to one-month low, wiping out year-to-date gains.
- Japanese assets sensitive to possible Bank of Japan activity in bond or currency markets.
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