Reported 1 day ago
Asian markets show cautious optimism following Fed Chair Jerome Powell's dovish stance, with the Nikkei rising and Chinese stocks making significant gains despite weak domestic demand. U.S. and European futures exhibit a more sober outlook as concerns grow about a potential economic downturn necessitating rate cuts amidst rising inflation. The upcoming core PCE price index and Nvidia's earnings report are critical market indicators, while questions arise about the sustainability of AI investments and regulatory details on U.S.-China chip sales.
Source: YAHOO