Asian equities rally on rising US rate-cut expectations

Asian stocks surged on revived hopes of a US rate cut, as softer dollar and low yields boosted risk assets across major markets.

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5 days ago

Asian equities rally on rising US rate-cut expectations

Asian equities rally on rising US rate-cut expectations
Asian share markets climbed as growing investor confidence in a potential U.S. interest rate cut boosted risk sentiment. MSCI’s Asia-Pacific index (ex-Japan) rose about 0.4%, while Japan’s Nikkei and South Korea’s Kospi surged over 1%. The softer dollar and falling Treasury yields supported equities. Tech and financial shares led gains as traders shrugged off earlier concerns over AI-driven volatility and awaited upcoming economic data for further direction.