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Asian stocks rise on Fed pause bets, Japanese shares at 33-year highs By Investing.com

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⚠️BREAKING: *ASIA STOCKS RISE ON FED PAUSE BETS, JAPAN'S NIKKEI JUMPS TO ANOTHER 33-YEAR HIGH 🇯🇵🇦🇺🇨🇳🇭🇰🇰🇷🇮🇩🇮🇳

Investing.com-- Most Asian stocks rose on Wednesday as soft U.S. inflation data furthered expectations that the Federal Reserve will pause its rate hike cycle later in the day, with Japan’s Nikkei clearing fresh 33-year highs.

An interest rate cut in China- the country’s first in 10 months- also bolstered hopes that Beijing will keep rolling out supportive measures to spruce up an economic recovery this year. But gains in most Asian markets were relatively limited, as investors still remained wary of any hawkish surprises from the Fed. While U.S.Japanese stocks outperform, dovish BOJ in sight

 

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