
London's FTSE 100 index recovered, hitting its highest level in over a week, driven by improved sentiment following clarity around the U.S. Federal Reserve's expected interest rate cut. The FTSE 100 saw broader gains, with the index provisionally closing up 0.1%. In Asia, Hong Kong's Hang Seng Index closed up 0.8% at 17,240.39 points. Other major Asian markets also performed well, with the ASX 200 closing up 0.26% at 8,096.40 points, the Nikkei 225 opening up 0.13% at 36,882.41, and the KOSPI rising by 2.33% to 2,571.85. The S&P 500 opened with a slight gain of 0.1%, while the FTSEurofirst 300 provisionally closed up 0.76% at 2,026.09 points. The US rate cut certainty has boosted global market sentiment.
