A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.Interest rate decisions and policy guidance from South Korea and Indonesia take center stage in Asia on Thursday, as investors also navigate the strong cross currents from global equity and bond markets the day befor
Interest rate decisions and policy guidance from South Korea and Indonesia take center stage in Asia on Thursday, as investors also navigate the strong cross currents from global equity and bond markets the day before.
The artificial intelligence chip making giant after the bell reported strong second quarter revenue and said it expects third-quarter revenue of about $16 billion, smashing analysts' expectations of $12.6 billion. Investors may go into Thursday in a 'bad news is good news' frame of mind, risk appetite strengthened by the sharp decline in bond yields after PMIs showed that service and manufacturing sector activity in Europe is shrinking rapidly.
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