Asian stocks ease as Nvidia's forecast dampens investors' risk appetite

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Asian stocks ease as Nvidia's forecast dampens investors' risk appetite - Business Standard

Quick Summary:

Brent crude futures for January rose 0.5 per cent to $73.17, while US West Texas Intermediate crude futures for January gained 0.5%, at $69.11.

Markets were pricing in the Fed lowering borrowing costs by 25 basis points next month at 56 per cent, down from 82.5 per cent just a week ago, according to CME's FedWatch Tool.

Two Federal Reserve governors on Wednesday laid out competing visions of where US monetary policy may be heading, with one citing ongoing concerns about inflation and another expressing confidence that price pressures will continue to ease.