Summary of Japan's Nikkei leads gains in Asia Pacific after Wall Street soars on Fed's jumbo rate cut

Summary of Japan's Nikkei leads gains in Asia Pacific after Wall Street soars on Fed's jumbo rate cut

quoting nevent1q…6atl

Japan's Nikkei leads gains in Asia Pacific after Wall Street soars on Fed's jumbo rate cut


Traders in Asia will also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People's Bank of China.

https://www.cnbc.com/2024/09/20/asia-markets.html

Asia-Pacific markets opened higher on Friday, led by Japan's Nikkei 225, after Wall Street soared overnight following the Federal Reserve's rate cut. Japan's core consumer prices index climbed 2.8% year on year, in line with Reuters estimates. The reading will be the last gauge of the economy before the BOJ concludes its two-day monetary policy meeting.