Asian Market Updates

Hong Kong Expected To Open In The Green

The Hong Kong stock market has moved higher in two straight sessions, collecting more than 260 points or 1.5 percent along the way. The Hang Seng Index now sits just shy of the 17,370-point plateau and it's called higher again on Monday.

The global forecast for the Asian markets is upbeat on optimism over the prospects for an interest rate cut this week. The European and U.S. markets were up and the Asian bourses are expected to open in similar fashion.

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by RTTNews Staff Writer

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