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KM Financial Solutions | SE Asia Stocks-Fall on prospect of a smaller U.S. rate-cut; Singapore leads losses
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SE Asia Stocks-Fall on prospect of a smaller U.S. rate-cut; Singapore leads losses

21 Jul SE Asia Stocks-Fall on prospect of a smaller U.S. rate-cut; Singapore leads losses

Posted at 10:21h in News by
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Southeast Asian stock markets ended
lower on Monday, with Singapore leading losses, after a report
dashed hopes of an aggressive interest rate cut by the U.S.
central bank.
The Wall Street Journal on Friday reported that the Fed was
likely to ease rates by 25 basis points by July-end, as opposed
to an expected 50 bps cut.

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