Asian stocks climb as soft US economic data boosts expectations of Fed rate cuts

Asian stocks rise as weak US data heightens expectations of earlier Fed rate cuts, boosting sentiment across Chinese tech, regional currencies, and broader equity markets.

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Asian stocks climb as soft US economic data boosts expectations of Fed rate cuts

Asian stocks climb as soft US economic data boosts expectations of Fed rate cuts
Asian equities rose on Wednesday after weak US consumer data increased investor confidence that the Federal Reserve could accelerate interest rate cuts in early 2026. Chinese technology shares led gains, supported by optimism around domestic stimulus measures. Meanwhile, regional currencies strengthened modestly against the dollar as traders priced in a softer US rate outlook. 
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