scorecardresearchAsian stocks higher ahead of possible US rate hike

Asian stocks higher ahead of possible US rate hike

Updated: 26 Jul 2022, 10:49 AM IST
TL;DR.
Wall Street ended up 0.1 per cent on Monday ahead of this week's Fed meeting at which officials are expected to announce a rate hike of up to three-quarters of a percentage point, triple the usual margin.
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, July 26, 2022. Asian stock markets were mostly higher Tuesday as investors braced for another sharp interest rate hike by the Federal Reserve to cool inflation. (AP Photo/Ahn Young-joon)

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, July 26, 2022. Asian stock markets were mostly higher Tuesday as investors braced for another sharp interest rate hike by the Federal Reserve to cool inflation. (AP Photo/Ahn Young-joon)