Asian markets mixed as rate cut bets are trimmed; US vote in focus

Asian markets mixed as rate cut bets are trimmed; US vote in focus …C0NTINUE READING HERE >>>

While Japanese stocks fell, Tokyo Metro soared more than 40 percent on its debut after its government owners raised $2.3 billion in the country’s biggest initial public offering for six years.
Photo: Richard A. Brooks / AFP
Source: AFP

Asian equities diverged Wednesday after another unremarkable day on Wall Street, where rising bond yields and comments from Federal Reserve officials dampened expectations for US interest rate cuts.

A global rally that has seen several markets hit multiple records — particularly in New York — appears to have run out of gas as traders assess the US…

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