Useful interest -tips increases Asian stocks in the highest pace in two weeks

Asian stocks rose at the largest rate in nearly two weeks and detected the ASM street, after traders strengthened their bets that the Federal Reserve would lower interest rates next month, following the statements of its president, Jerome Powell. The Asian stock index rose by 1%, while the Hong Kong technology index rose by 2.7%, and the Shanghai shares reached its highest level in ten years. On the other hand, futures for US and European stock indicators have decreased with investors who have reduced some of the Friday optimism before the most important events this week. The US Treasury effects have also decreased, reducing some of the profits made after Powell’s speech, with the increase in mortgage returns for two years by one base point to 3.71%. The dollar index rose 0.1% after the third consecutive weekly loss was incurred, while gold decreased. Decisive tests of optimism The traders believe that there is an 84% possibility to lower interest rates next month, after Paulism in Jackson Hall indicates that monetary policy will reduce before inflation returns to the target level, in the light of the poor labor market. However, this week will be subject to important tests this week, including American inflation data, the results of the ‘Invidia’ business and the highlight of the Asian enterprise profit season. Also read: The markets await the results of ‘Invidia’ to assess the abuse of artificial intelligence, and Hebei Chen, who was analyzed in Vancous, said that ‘Powell’s sign of desire to act will fill the cracks in the Asian markets that have a minor vibrations, and that’ this new dose is likely to hold the next federal meeting. The moral was weak before Friday, with the “S&B 500” index for five consecutive sessions in the longest loss series since January, with Wall Street reducing its interests on an imminent reduction of interest. But Powell’s remarks have stopped this concern, so US stocks are rising strongly on the best day of the index since May. What do the Bloomberg analysts say? Garfield Reynolds, captain of the “Mliv” team in Bloomberg, said “currency traders became more careful after Powell’s comments in Jackson Hall opened the door for a reduction in interest,” Mliv team captain Garfield Reynolds said. He added that “it emphasizes that the expected inflation data and other economic indicators to the meeting of the middle of September could mean that the facilitation decision is not yet guaranteed.” Powell, a willingness to change the way in the last speech in Jackson Hall at the head of the federal, presented the conflicting signals of the economy, saying that the impact of customs duties at prices became clear, but the questions would be more sustainable. He also described the current labor market situation, where both demand and supply to workers as “strange” drop. “Obviously, the federal is now a priority for the poor fear of inflation, and that’s its strategy,” said Jin Yigi, a specialist in the ‘JP Morgan aset Management’, adding that the message ‘is entirely clear’ that the bank is ready to change the road, ‘says Jin Yigi, a specialist in Hong Kong. The fears of the labor market focus on China and the results of ‘invitation’. Invidia is scheduled to announce its quarterly results on Wednesday. whole.