Asian Markets Surge on Fed Rate-Cut Hopes, China Eases Property Curbs
Asian Markets Surge on Fed Rate-Cut Hopes, China Eases Property Curbs Asian stock markets recorded significant gains today, tracking a robust rally on Wall Street, as traders solidified their bets on a Federal Reserve interest rate cut next month. This surge in optimism follows recent dovish comments from Chairman Jerome Powell, signaling a potential easing of monetary policy. A broad index of Asian equities climbed 1%, with technology stocks in Hong Kong leading the charge, jumping by 2.9%. In mainland…