Asian stocks: Markets extend global rally on Fed cut bets; Japan’s beer giant Asahi dips
Asian stocks rallied for a second day, fueled by growing confidence in a US Federal Reserve interest rate cut next month. This optimism has boosted risk appetite, lifting equities and even Bitcoin. Dovish Fed comments and weaker US jobs data reinforced expectations for monetary easing, overshadowing concerns about stretched valuations.🕒 1 min read
Asian stocks rallied for a second day, fueled by growing confidence in a US Federal Reserve interest rate cut next month. This optimism has boosted risk appetite, lifting equities and even Bitcoin. Dovish Fed comments and weaker US jobs data reinforced expectations for monetary easing, overshadowing concerns about stretched valuations.
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