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International Business Times
International Business Times
World
AFP News

Asian Markets Mixed As Traders Eye Rate Cuts

Asia US Federal Reserve Interest Rates Europe
While the Bank of England is expected to keep monetary policy unchanged, there are hopes it could start cutting interest rates in the summer (Credit: AFP)

Asian traders fought to get a recent rally back on course Thursday following a tepid lead from Wall Street but record performance in Europe highlighted optimism that central banks were on course to cut interest rates.

London chalked up another all-time high ahead of a Bank of England meeting many hope will see officials flag their intention to begin normalising monetary policy in the summer.

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