Fed boss Jerome Powell confirmed on Friday time had come to begin lowering borrowing costs
HONG KONG – Asian markets slipped on Tuesday following a tepid day on Wall Street as traders took a breather from a recent rally fuelled by bets on a US interest rate cut, while oil eased from a surge caused by Middle East tensions.
Still, that was not enough to help traders build on their gains, with eyes now on the release of several data points while geopolitical concerns act as a drag on sentiment. The crucial non-farm payrolls report – a big miss that helped cause a market rout at the start of the month – is up next week. Sunday's exchange of fire between Lebanon's Hezbollah and Israel has ramped up fears that Iran could get involved, sparking a wider regional conflict.
Indonesia Berita Terbaru, Indonesia Berita utama
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