
Asian stock markets, including Japan's Nikkei and India's Sensex and Nifty50, are showing positive momentum following the release of US inflation data that has strengthened expectations for a Federal Reserve interest rate cut. The Indian equity indices opened marginally higher on December 12, 2024, aligning with trends observed in other global markets. Analysts suggest that the in-line inflation figures from the US have contributed to a more favorable outlook for rate cuts, which is boosting investor sentiment across Asia.
Asian stocks rise after US inflation data clears way for rate cut https://t.co/sKZ4mArhp5
ASIAN STOCKS RISE AFTER US INFLATION DATA CLEARS WAY FOR RATE CUT – FT
Indian headline equity indices #Sensex and #Nifty50 opened marginally higher on Thursday, tracking other global peers, after in-line US inflation data reinforced expectations of a Federal Reserve rate cut next week.