HONG KONG, June 7 (Reuters) - Most Asia-Pacific stocks markets strengthened on Wednesday, as expectations for stimulus from China and overnight gains on Wall Street boosted the mood.
On Tuesday, China reportedly asked the biggest banks to cut deposit rates to boost the economy.
"Overall, across the board, assets are doing pretty well," said Yuting Shao, macro strategist at State Street Global Markets.
The U.S. dollar index slipped by 0.04% to 104.03.
Leading cryptocurrency bitcoin was trading at about $27,000, consolidating following a sharp overnight rebound from as low as $25,350.
Persons:
Hong, Yuting Shao, Saudi Arabia's, Brent, bitcoin, Solana, Ed Moya, Xie Yu, Kevin Buckland, Robert Birsel
Organizations:
Nikkei, State Street Global, Federal Reserve, Treasury, U.S, Australian, Saudi, U.S . Securities, Exchange Commission, SEC, Thomson
Locations:
HONG KONG, Asia, Pacific, China, Japan, Tokyo, Tuesday's, Cardano, Polygon, Bitcoin