{
  "id": 5462953,
  "title": "Global Market Today: Asian stocks rise as Fed rate-hike bets ease",
  "url": "https://urgent.news/2026/09/04/global-market-today-asian-stocks-rise-as-fed-rate-hike-bets-ease",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T00:49:26.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/us-stocks/news/global-market-today-asian-stocks-rise-as-fed-rate-hike-bets-ease/articleshow/133749050.cms"
  },
  "original_language": "en",
  "account": "Asian equities surged, mirroring Wall Street's gains as investors reduced expectations of a Federal Reserve interest-rate hike this month. The Japanese yen surged to its strongest level in over a month, while the MSCI's Asia Pacific equities index climbed 0.3%, driven by South Korea's benchmark. Fed Governor Christopher Waller's comments fueled optimism ahead of the final inflation figures before the September meeting. The S&P 500 Index hit its best daily performance in a month, and the Nasdaq 100 Index rose 1.2%. Swaps priced roughly even odds of a quarter-point hike in September, down from around 70% earlier in the week. The two-year Treasury yield slipped three basis points to 4.34%, and the dollar index fell to its lowest level since May. Gold held onto its gains from the previous day, trading around $4,475 an ounce. Bloomberg's Asia Dollar Index reached its highest level since 2024. The yen's strength reversed a month-long decline, as traders increased bets on Bank of Japan rate hikes and maintained caution over potential official measures to strengthen the currency. Waller's remarks emphasized the Fed's data-dependent approach and offered a positive assessment of recent inflation progress, ahead of the final price figures before the September meeting. The focus now shifts to Friday's nonfarm payrolls report, with markets largely anticipating a hold while the outlook may change if inflation remains more persistent than expected.",
  "summary": "MSCI’s Asia Pacific equities gauge climbed 0.3%, led by South Korea’s benchmark after Fed Governor Christopher Waller said he would support keeping rates steady if price pressures continued to ease. The comments earlier spurred a rally that helped the S&P 500 Index post its best session in a month, while the Nasdaq 100 Index climbed 1.2%.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "RTHK News - Finance",
        "title": "US stocks rise on hopes Fed will leave rates unchanged",
        "url": "https://urgent.news/2026/09/03/us-stocks-rise-on-hopes-fed-will-leave-rates-unchanged",
        "published": "2026-09-03T23:55:41.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Asian benchmarks mostly rise after tech stocks lead rally on Wall Street",
        "url": "https://urgent.news/2026/09/04/asian-benchmarks-mostly-rise-after-tech-stocks-lead-rally-on-wall",
        "published": "2026-09-04T03:24:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}