Asian markets down as traders fret over rate cut outlook

Hong Kong (AFP) Jan 16, 2024

Asian stocks ticked lower Tuesday as Middle East concerns overshadowed hopes for an early Federal Reserve interest rate cut, with traders now awaiting the release of key data out of China and the United States later in the week. With Wall Street closed Monday for a holiday, there were few catalysts to drive buying, while analysts warned investors might have overdone their optimism about how