09 Oct SE Asia Stocks-Subdued as Fed minutes awaited; Philippines edges higher
By Shanima A
Oct 10 (Reuters) – Southeast Asian stock markets trod water
on Tuesday as investors steered clear of riskier assets ahead of
the release of the Federal Reserve’s September meeting minutes
on Wednesday, awaiting clues on the pace of future U.S. rate
increases.
Expectations that improved prospects for the U.S. economy
would prompt the Fed to raise interest rates later this year
have led to the strengthening of the dollar over the past month.
Oct 10 (Reuters) – Southeast Asian stock markets trod water
on Tuesday as investors steered clear of riskier assets ahead of
the release of the Federal Reserve’s September meeting minutes
on Wednesday, awaiting clues on the pace of future U.S. rate
increases.
Expectations that improved prospects for the U.S. economy
would prompt the Fed to raise interest rates later this year
have led to the strengthening of the dollar over the past month.
Interest rate futures are
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