Safe-haven and Fed view boost all boats in the morning bid
Asian markets are expected to open higher following a day of surprising gains across global markets, despite geopolitical tensions. Gold and oil saw significant increases, while the dollar weakened and Wall Street recovered losses. The rebound in risk sentiment was driven by comments from two Fed officials suggesting that the recent rise in long-term bond yields and tightening of financial conditions may mean the Fed is done raising rates. The IMF and World Bank annual meetings in Morocco begin, with key policymakers in attendance. Additionally, four U.S. Fed officials are scheduled to deliver speeches, which could impact market enthusiasm. China's property sector is also in focus as Country Garden, the country's largest private lender, may announce a restructuring plan for its offshore debt.