Bitcoin hit a fresh record close to $73,000 thanks to optimism over US interest rate cuts. Photo: Justin TALLIS / AFP
Attention now turns to the central bank's policy meeting next week, which will also see the release of policymakers' outlook for rates for the rest of the year. "While traders in the Asian market may feel confused by the combination of hotter-than-expected inflation data and record-high US stocks, Asian stocks are more likely to mirror the optimism from Wall Street," IG Markets analyst Hebe Chen said.
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