Asian shares extend rally sparked by Fed

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RECAP: Asian shares extended their rally yesterday in the afterglow of an outsized US interest rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.

Retail investors were net sellers of 3.68 billion baht, followed by institutional investors at 1.88 billion.

Thursday brings US durable goods orders and a Swiss interest rate decision.

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Category: EconomyBusiness

Markets: ThailandAustraliaJapan

Topics: Week Economy Report Thursday Rate Interest Investors Baht Japan Billion Bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-21 @ 04:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 40 words per sentence (average)

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Copyright Owner: © Bangkok Post

News ID: 22628036

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

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