Asian Markets Rise on Anticipation of US Rate Cuts

Reported about 10 hours ago

Asian share markets saw gains as investors hoped for forthcoming US interest rate cuts, buoyed by optimistic views on Nvidia's earnings. Federal Reserve expectations shifted towards easing rates, with markets pricing in significant cuts by next year. While US inflation data could impact this momentum, stocks in Japan, South Korea, and Australia all posted increases, reflecting an overall positive outlook in the wake of potential policy changes.

Source: YAHOO

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