Emerging markets - Asian currencies slip, stocks fall as Fed rate cut bets shift


JAKARTA (Reuters): Most South-East Asian markets were subdued on Tuesday as rising tensions in the Middle East and a potential delay in interest rate cuts by the US Federal Reserve kept the dollar buoyant, triggering an aversion to riskier emerging market assets.

The South Korean won, the Philippine peso, and the Malaysian ringgit eased the most, falling between 0.2% and 0.7% by 0628 GMT.

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