Fed Rate Cuts Hopes Boost Asian Markets, Japan's Nikkei Dips

Asian stock markets experienced a mixed day, with many finding support from Fed rate cut hopes. However, Japanese stocks fell due to Bank of Japans monetary policy hints. Investors are watching for Fed meeting minutes and Bank of Japans potential shift from negative rates. The dollar is under pressure, reaching a three-month low, as markets expect rate cuts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.