Asia tracks Wall St lower as traders pause Fed-fuelled rally

Asia tracks Wall St lower as traders pause Fed-fuelled rally …C0NTINUE READING HERE >>>

Investors are taking a break after a recent rally across markets fuelled by Federal Reserve rate cut hopes.
Photo: Daniel ROLAND / AFP
Source: AFP

Asian equities sank Wednesday as traders take a breather from a global rally that has been fuelled by expectations the Federal Reserve will cut interest rates next month.

With few sparks to drive buying, markets took their cue from Wall Street, where the main indexes slipped after an eight-day advance, with focus on a speech Friday by…

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