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AI investment cycleCNBC
•85% Informative
Optimism in artificial intelligence drove up Taiwan 's stock market in the first half of 2024 .
Taiwan Weighted Index has surged 28% so far this year , powered by stocks along the AI value chain.
While most Asian markets are in positive territory year-to-date , three stock markets — Thailand , Indonesia and the Philippines — fell into negative territory.
That's one less than the three cuts the bank had predicted in its May 9 outlook report, before the Fed 's revised dot plot. "That said, we are still confident that rate cuts will begin in September , given the Fed 's 'asymmetric' stance, i.e. hurdle for renewed tightening is extremely high whereas the hurdle for the start of rate cuts is much lower," Lee added..
VR Score
93
Informative language
98
Neutral language
53
Article tone
formal
Language
English
Language complexity
50
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
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