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KM Financial Solutions | SE Asia Stocks-Rise tracking Wall Street; Indonesia hits 2-week high
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SE Asia Stocks-Rise tracking Wall Street; Indonesia hits 2-week high

26 Aug SE Asia Stocks-Rise tracking Wall Street; Indonesia hits 2-week high

Posted at 03:53h in News by
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Southeast Asian stock markets rose on
Monday, tracking Wall Street’s record high on Friday after U.S.
Federal Reserve Chairman Jerome Powell defended the central
bank’s rate hike cycle.
Powell made the case that gradual interest rate hikes were
the best way to protect the U.S. economy and signalled more
hikes were coming despite President Dona

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