Monday, June 9

Money

Asian equities ended a positive week mixed, led by India following a larger-than-expected rate cut (0.50% vs. 0.25%). South Korea was closed for Memorial Day, and Indonesia, Pakistan, and the Philippines were closed for Eid al-Adha, also known as the Feast of Sacrifice, “a festival to honor the willingness of the Prophet Ibrahim to follow the command of Allah to sacrifice his son.”

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