<p>The major stock indices have pushed to the upside as Powell stresses data dependency.</p><ul><li>Dow Industrial Average top 170 points or 0.48% at 35609</li><li>
<p>The markets are generally steady in Asian session. Dollar is paring some recent gains while Yen and Swiss Franc soften. Trading in Asia would likely be subdue for the next few days on Lunar N
<p>It will be a hefty reduction this time around, as the Chinese central bank announces a 50 bps cut to the reserve requirement ratio (RRR). The weighted rate before the cut was 7.40%. In effect
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