High impact
Asian equities rose on moderating U.S. inflation and lower oil prices, reinforcing expectations the Fed will hold rates steady in September, with MSCI Asia Pacific up 0.4%, South Korea's KOSPI up nearly 3%, the S&P 500 at a record, and money markets pricing less than 40% chance of a September rate hike.
FirstSquawk08/14, 07:24 AM
- MSCI Asia Pacific gauge up 0.4%
- South Korea's KOSPI jumping almost 3%
- S&P 500 rose 0.7%
- NASDAQ 100 climbed over 1%
Figures as quoted by FirstSquawk
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- KOSPI5,550.30+0.30%
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