Asian markets buoyed by Fed cut hopes as AI outlook grows more selective: Saxo Singapore
Charu Chanana, Chief Investment Strategist at Saxo Singapore, says weaker US data supports expectations of a Federal Reserve interest rate cut in December, while Asian markets could sustain momentum amid easing policies. She adds investors are being more selective on AI stocks as spending and debt risks rise.
Charu Chanana, Chief Investment Strategist at Saxo Singapore, says weaker US data supports expectations of a Federal Reserve interest rate cut in December, while Asian markets could sustain momentum amid easing policies. She adds investors are being more selective on AI stocks as spending and debt risks rise.