Asia-Pacific markets set for a higher open as inverstors look toward Fed rate decision
Update: 2025-10-29
Description
Japan's Nikkei 225 hits record high, driven by US-Japan trade optimism and Fed rate cut expectations. The rare earths agreement between the US and Japan boosts supply chain hopes, while the new Japanese PM pushes for free-market policies and stronger security stance. In Asia, markets vary, with Japan and China gaining, Australia falling, and South Korea and Hong Kong closed. US markets also close higher, with the S&P 500 and Nasdaq reaching new peaks.
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