Markets rise as traders consider US rate outlook

Hong Kong (AFP) April 18, 2024

Asian markets rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon. Oil edged up after the previous day's losses, which were fuelled by data indicating softer demand in the United States and fading fears of a regional war in the Middle East. Investors brushed off a sell-off on Wall Street where tech f