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KM Financial Solutions | SE Asia Stocks-Most markets tread water before Powell’s testimony
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SE Asia Stocks-Most markets tread water before Powell’s testimony

16 Jul SE Asia Stocks-Most markets tread water before Powell’s testimony

Posted at 04:21h in News by
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Most Southeast Asian stock markets trod
water on Tuesday, with investors awaiting U.S. Federal Reserve
Chairman Jerome Powell’s first congressional testimony for any
clues on the pace of interest rate hikes.
Powell is likely to reiterate the Fed’s stance towards
gradual monetary policy tightening, and market focus will be on
his views on recent trade tensions.

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