From Investing.com: 2024-07-29 01:30:47

Asian shares bounced on Monday as investors anticipated central bank meetings that could lead to easing in the US and UK, while Japan may raise borrowing costs. Oil prices rose due to Middle East tensions, with the US Treasury planning bond sales and China poised for more stimulus. Markets expect Fed to hint at a September rate cut. Bank of Japan likely to hike rates, Bank of England uncertain. Earnings reports from tech giants this week will test valuations. Yen strengthened against the dollar, euro held steady. Gold rose amid Fed rate cut expectations. Oil prices increased on Middle East tensions.



Read more at Investing.com: Asia shares rally, hoping for dovish turns in US and UK By Reuters