<\/p>\n\n\n\n
Asian stocks surged on Monday<\/strong>, with broad-based gains across major markets driven by optimism over an expected U.S. Federal Reserve rate cut<\/strong> this week and tentative signs of a U.S.\u2013China trade truce<\/strong>. The rally followed a record-setting close on Wall Street, fueling risk appetite across the region.<\/p>\n\n\n\n By 02:53 GMT<\/strong>, U.S. stock futures also edged higher during Asian trading, extending the upbeat tone ahead of a potentially pivotal week for global markets.<\/p>\n\n\n\n Markets widely anticipate that the Federal Reserve<\/strong> will deliver a 25-basis-point rate cut<\/strong> at the end of its policy meeting on Wednesday<\/strong>, after U.S. inflation data for September came in softer than expected<\/strong>.<\/p>\n\n\n\n Investors have already priced in the move, with focus now shifting to guidance on future cuts<\/strong> and the Fed\u2019s tone on inflation and growth. The prospect of lower U.S. interest rates has provided strong support to equities, commodities, and emerging market currencies.<\/p>\n\n\n\n Investor confidence received a further boost after U.S. and Chinese negotiators<\/strong> reached a preliminary trade framework<\/strong> over the weekend in Kuala Lumpur<\/strong>, paving the way for potential progress at the upcoming Trump\u2013Xi summit<\/strong> in South Korea<\/strong>.<\/p>\n\n\n\n Both sides agreed to pause new tariffs<\/strong> and suspend China\u2019s rare earth export restrictions<\/strong>, U.S. Treasury Secretary Scott Bessent<\/strong> confirmed. President Donald Trump<\/strong> expressed optimism on Sunday, saying he believed a \u201cdeal with China\u201d was close.<\/p>\n\n\n\n The news reinforced expectations that the world\u2019s two largest economies may finally stabilize trade relations after months of escalating tensions.<\/p>\n\n\n\n Japan\u2019s Nikkei 225<\/strong> soared over 2%<\/strong>, breaking through the 50,000-point mark<\/strong> for the first time and reaching an intraday high of 50,491.23<\/strong>. The broader TOPIX<\/strong> index also gained 1.7%<\/strong>, setting a new record at 3,328.3<\/strong>.<\/p>\n\n\n\n Investors remain encouraged by the policies of new Prime Minister Sanae Takaichi<\/strong>, who is preparing a large-scale fiscal package<\/strong> aimed at inflation relief<\/strong> and household support<\/strong>, continuing Japan\u2019s pro-growth stance.<\/p>\n\n\n\n In South Korea<\/strong>, the KOSPI<\/strong> jumped 2.3% to 4,038.39<\/strong>, setting another record high as heavyweight chipmakers Samsung Electronics<\/strong> and SK Hynix<\/strong> advanced strongly on expectations of robust semiconductor demand.<\/p>\n\n\n\n Mainland Chinese markets advanced on optimism over the trade breakthrough. The Shanghai Shenzhen CSI 300<\/strong> rose 0.7%<\/strong>, while the Shanghai Composite<\/strong> gained 0.8%<\/strong>.<\/p>\n\n\n\n In Hong Kong<\/strong>, the Hang Seng Index<\/strong> climbed 1%<\/strong>, boosted by a 1.2% gain in the Hang Seng TECH sub-index<\/strong>, as Chinese tech giants rebounded following recent volatility.<\/p>\n\n\n\n Elsewhere, Australia\u2019s S&P\/ASX 200<\/strong> and Singapore\u2019s Straits Times Index<\/strong> both rose 0.4%<\/strong>, supported by strength in resource and banking shares. With optimism surrounding a Fed rate cut<\/strong>, a potential U.S.\u2013China trade truce<\/strong>, and record highs in Japan and South Korea<\/strong>, Asian markets are entering the week on a strong footing. However, traders remain cautious ahead of the Fed\u2019s policy statement<\/strong> and press conference<\/strong>, which could determine the trajectory of global risk sentiment through the rest of October.<\/p>\n","protected":false},"excerpt":{"rendered":" Asian stocks surged on Monday, with broad-based gains across major markets driven by optimism over an expected U.S. Federal Reserve rate cut this week and tentative signs of a U.S.\u2013China trade truce. The rally followed a record-setting close on Wall Street, fueling risk appetite across the region. By 02:53 GMT, U.S. stock futures also edged …<\/p>\n","protected":false},"author":9,"featured_media":31994,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6849,6851],"class_list":["post-119229","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-asia","tag-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=119229"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119229\/revisions"}],"predecessor-version":[{"id":120327,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119229\/revisions\/120327"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31994"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\n\n\nFed Rate Cut Expectations Drive Momentum<\/strong><\/h3>\n\n\n\n
\n\n\n\nTrade Truce Progress Lifts Risk Sentiment<\/strong><\/h3>\n\n\n\n
\n\n\n\nJapan and South Korea Lead Regional Gains<\/strong><\/h3>\n\n\n\n
\n\n\n\nChina and Hong Kong Extend Gains<\/strong><\/h3>\n\n\n\n
\n\n\n\nBroader Asia in Positive Territory<\/strong><\/h3>\n\n\n\n
India\u2019s Nifty 50<\/strong> futures also edged higher before the market open, signaling a positive start to the session.<\/p>\n\n\n\n
\n\n\n\nOutlook<\/strong><\/h3>\n\n\n\n