Archive for September 16th, 2024

New Overnight Developments Abroad - Daily Update

Chinese Data, Holiday Closures and Continuing Uncertainty over the Size of the Fed’s First Interest Rate Cut

September 16, 2024

Several Asian countries observed holiday closures this Monday: Japan for Respect for the Aged Day, China and South Korea for the mid-Autumn Festival, and Indonesia on this 1,454th birthday of the prophet Muhmammad. Accordingly, equity and bond markets got off to a slow start this week. Hong Kong’s Hang Seng index closed up 0.3%, while […] More

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