Asian Stocks Reach Record Highs Amid US Rate Cut Expectations
TL;DR Summary
Global stocks remain near record highs amid expectations of Fed rate cuts, while European equities decline due to limited ECB rate cut prospects; gold hits a new high, and the dollar weakens as markets adjust to monetary policy outlooks.
- Stocks firm, dollar down as bets build for Fed rate cuts Reuters
- Global Stock Markets Rise Ahead of Expected Fed Rate Cut The Wall Street Journal
- Asian shares mostly rise after last week's Wall Street rallies Yahoo Finance
- Asia’s Stock Benchmark Heads for a Record Close as Rally Extends Bloomberg.com
- Asian stocks hit record highs on AI and US rate cut bets Financial Times
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