Asian markets faltered as investors grappled with uncertainty surrounding U.S. economic indicators and the Federal Reserves upcoming interest rate decision.
Ned Davis Research predicts a strong stock market performance in 2025, driven by economic stimulus from both presidential candidates, anticipated interest rate cuts, and a weaker US dollar.
Nvidias underwhelming earnings report reverberated through Asian markets, particularly impacting tech stocks, while global investors awaited key economic data for further market direction.
The Federal Reserves decision to lower interest rates marks a pivotal moment in their fight against inflation and its potential impact on the economy and upcoming election.