Overnight indexed swap (OIS) rates, used to hedge interest-rate risks in Asia’s third-biggest economy, are already pricing in policy rate cuts starting January, traders said. However, such reductions could even be advanced should global rates begin to head south this summer.
US market remains tied to tech stocks despite sharp AI sell-off
The US stock market is currently experiencing a significant pullback in technology and AI-related stocks. Investors are concerned that Democratic victories in the midterm elections