Reported about 7 hours ago
Asian stocks are poised to increase as US core inflation shows signs of cooling, suggesting potential Federal Reserve rate cuts this year. Notably, the S&P 500 and Nasdaq posted significant gains, boosting optimism in various asset classes including cryptocurrencies and commodities. Economic indicators from Japan, Australia, and South Korea are also anticipated, alongside critical US data that will provide further insights into the state of the largest global economy.
Source: YAHOO