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Nikkei zooms 11%; why are the Asian markets rallying on Tuesday?

A technical pullback coupled with speculation of an aggressive rate cut by the US Fed has propelled Asian shares on Tuesday morning, says Kranthi Bathini of WealthMills Securities.

By: business-standard.com

Aug 06 2024
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Nikkei zooms 11%; why are the Asian markets rallying on Tuesday?

Nikkei zooms 11%; why are the Asian markets rallying on Tuesday?

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