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International Business Times
International Business Times
World

Asian Markets Rise As Traders Prepare For Expected US Rate Cut

US President Donald Trump (R) said he would hold talks with Chinese counterpart Xi Jinping (L) on Friday (Credit: AFP)

Asian stocks rose again Tuesday to extend another record day on Wall Street as traders locked in bets on a US interest rate cut this week, while they are also keenly eyeing flagged talks between Donald Trump and Xi Jinping.

While the outcome of the Federal Reserve's policy decision Wednesday is considered a fait accompli, there is still a lot of discussion over its plans for future meetings and its so-called "dot plot" outlook for borrowing costs.

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