Asian Market Update: Disappointment Over Marginal China Rate Cut Pressures Asian Equities, Euro Rally Cut Short by US Session High

Latest news on Asian Market Update: Disappointment Over Marginal China Rate Cut Pressures Asian Equities, Euro Rally Cut Short by US Session High

- A 27bp PBOC rate cut to 5.31% in early US hours - the fifth cut since September - did not lack the element of surprise. What it did lack however, as evidenced by the broad-based selloff in Asia, was the comparable magnitude of accelerated easing predica...
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