Asia markets set to trade slightly higher as investors expect the Fed to cut rates
In Japan, therose 0.35%, with most sectors trading up. The heavily weighted financial subindex was up 0.21% as major banking stocks advanced.Analysts said markets are already beginning to price in the possibility of rate cuts after Fed Chair Jerome Powell said the U.S.
central bank will keep an eye on developments in the domestic economy, and would do what it must to ""US markets firmed slightly overnight on the anticipation of rate cuts and news that President Trump wants a deal with Mexico, although little progress was made," analysts at ANZ Research wrote in a morning note.during a Wednesday meeting, just days before 5% tariffs on all Mexican imports are set to kick in.
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