Asia stocks, currencies mixed as dollar stabilises; Fed easing bets build

Quick Summary:

Asian markets traded mixed on Wednesday as the U.S.dollar steadied after posting its steepest one-day decline in nearly a month, with traders weighing a softer U.S.inflation print that raised bets on monetary easing by the Federal Reserve.

On the other hand, equities in Thailand, Singapore and Malaysia were down more than 0.2%, each.

The Indonesian rupiah and Thai baht both weakened 0.3%, while the Indian rupee and Malaysian ringgit each gained 0.2%.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaIndiaIndonesiaJapanSouth KoreaSingaporeTaiwanThailand

Topics: Federal Reserve Inflation US dollar Markets Asian Tariff /Business/Business News Ringgit Trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 14:57:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 453 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28704207

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 43 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 36 minutes ago

Coverage Areas: Malaysia

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Publisher ID: #22

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