"Asia's Markets Rally as Commodities Soar and Disney Shareholders Support CEO"

Asian stock markets rallied as the yen fell against everything except the dollar, boosting Japanese stocks, while commodities like gold, oil, and copper reached new highs. Federal Reserve Chair Jerome Powell reaffirmed the possibility of U.S. rate cuts, though the timing remains uncertain. Optimism about global growth was fueled by a recovery in recent factory surveys, particularly in China. The rise in yields has been generally supportive of the dollar, with gold climbing 13% since February and oil prices surging due to supply disruptions and geopolitical tensions.