Key News
Asian equity markets were broadly higher as Taiwan and South Korea outperformed.
Central banks, including the Hong Kong Monetary Authority, the European Central Bank (ECB), and the Bank of England (BOE), followed the Fed’s +50bps interest rate hike. Meanwhile, CNY, China’s currency that trades during local market hours, gained +0.27% versus the US dollar to close at 6.72 CNY per USD, while the Asia Dollar Index fell -0.09% versus the US dollar.
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