Rate Cut Hopes Lift Asian Stocks: Markets on Edge

Asian stocks rise on Fed rate cut hopes! A weak US jobs report fuels speculation of an impending rate cut, possibly as early as next week, and maybe even a bigger cut than anticipated. Political shake-ups in Japan, France, Argentina, and Indonesia add global uncertainty, but markets remain relatively stable. Japan sees leadership changes and reduced US tariffs, boosting its stock market. Oil prices climb after OPEC Plus's output decision, and gold hits a record high as investors seek safe havens. All eyes are now on the Federal Reserve for clues on future policy. Hosted on Acast. See acast.com/privacy for more information.