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Southeast Asian markets surge as global investors anticipate Fed rate cut

SEOUL, September 13 (AJP) - Global investors are shifting their focus to Southeast Asian markets as the U.S. Federal Reserve's pivot on monetary policy approaches. Bloomberg reports that four of the top five performing Asian stock indices this month are from Southeast Asia, with Thailand leading the pack. Foreign capital has flowed into these markets for five consecutive weeks, pushing the MSCI ASEAN index near its highest level since April 2022. The index has outperformed the M

September 13, 2024