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Asian equity markets scale fresh peaks on US interest rate policy
August 19, 2025
|Business World Philippines
Share markets pushed ahead in Asia on Monday ahead of what is likely to be an eventful week for US interest rate policy, while oil prices were subdued as risks to Russian supplies seemed to fade a little.
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A cautiously risk-on mood saw indices in Japan and Taiwan make record peaks, while Chinese blue chips reached their highest in 10 months.
US President Donald J. Trump now seemed more aligned with Moscow on seeking a peace deal with Ukraine instead of a ceasefire first, after meeting Russian President Vladimir Putin in Alaska on Friday.
Mr. Trump will meet Ukrainian President Volodymyr Zelensky and European leaders later on Monday to discuss the next steps, though actual proposals are vague as yet.
The major economic event of the week will be the Kansas City Federal Reserve's Aug. 21-23 Jackson Hole symposium, where Chair Jerome H. Powell is due to speak on the economic outlook and the central bank's policy framework.
هذه القصة من طبعة August 19, 2025 من Business World Philippines.
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