# Asian FX, stocks rebound on weaker dollar, China stimulus bets - Markets - Business Recorder

> Asian currencies including the baht and won strengthened against a broadly weaker US dollar on Friday, while regional equities mostly advanced. Chinese shares gained on expectations of further stimulus after the PBOC rate cut.

- Date: 2023-06-16 · published 2023-06-16T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/11235-asian-fx-stocks-rebound-on-weaker-dollar-china-stimulus-bets-markets-business
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

This is routine regional market commentary with a weaker dollar and stimulus hopes supporting sentiment. It has little direct effect on feed commodity prices.

## Sources

- brecorder.com: https://www.brecorder.com/news/40248174

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.