{"id":63403,"date":"2025-08-25T08:36:54","date_gmt":"2025-08-25T08:36:54","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/08\/25\/asian-shares-rise-as-powell-signals-rate-cuts\/"},"modified":"2025-08-25T08:36:54","modified_gmt":"2025-08-25T08:36:54","slug":"asian-shares-rise-as-powell-signals-rate-cuts","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/08\/25\/asian-shares-rise-as-powell-signals-rate-cuts\/","title":{"rendered":"Asian Shares Rise As Powell Signals Rate Cuts"},"content":{"rendered":"
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Asian stocks rose broadly on Monday as Federal Reserve Chair Jerome Powell’s dovish signals at the Jackson Hole symposium opened the door to an interest rate cut next month. <\/p>\n

Fed fund futures currently price in an 84 percent chance of a quarter-point rate cut in September, and at least 100 basis points of easing to 3.25-3.5 percent by the middle of next year.<\/p>\n

Investors also awaited Nvidia’s earnings results due this week that could help justify the sector’s stratospheric valuations.<\/p>\n

Chinese shares jumped on easing trade tensions and hopes for more policy support. The Shanghai Composite index rallied 1.51 percent to 3,883.56. setting a new decade high.<\/p>\n

Hong Kong’s Hang Seng index climbed 1.94 percent to 25,829.91, led by technology<\/span> stocks. <\/p>\n

Japanese markets<\/span> eked out modest gains, boosted by tech stocks on optimism for looser monetary policy in the United States. <\/p>\n

The Nikkei average rose 0.41 percent to 42,807.82, extending gains for a second consecutive session. The broader Topix index settled 0.15 percent higher at 3,105.49.<\/p>\n

Technology investor SoftBank Group rallied 3.5 percent after the Trump administration said it would take a 9.9 percent stake in Intel for $8.9 billion.<\/p>\n

Bathroom fixture manufacturer TOTO surged 8.4 percent after announcing plans to invest 30 billion yen to expand its factory in Morrow, Georgia.<\/p>\n

Seoul stocks rose for a third day running, with nuclear energy, chip and pharmaceutical shares surging ahead of a key summit between Seoul and Washington. The Kospi average climbed 1.30 percent to 3,209.86.<\/p>\n

Australian markets finished marginally higher as retailers fell ahead of their earnings results, offsetting gains in the mining and financial sectors. <\/p>\n

The benchmark S&P\/ASX 200 ended little changed at 8,972.40, giving up early gains after rising nearly 1 percent to a record high in initial trade. The broader All Ordinaries index edged up by 0.12 percent to 9,245.<\/p>\n

Across the Atlantic, New Zealand’s benchmark S&P\/NZX-50 index rose 0.28 percent to 13,079.50 after data showed retail sales in the country, a measure of consumer spending, unexpectedly increased in the second quarter. <\/p>\n

Gold dipped from a two-week high in Asian trade as the dollar recovered from the intense selloff seen in the New York session on Friday. Oil edged up amid supply concerns. <\/p>\n

U.S. stocks surged on Friday after Federal Reserve Chair Jerome Powell said that economic risks are ‘shifting’ and a rate cut may be warranted.<\/p>\n

He added that “risks to inflation are tilted to the upside, and risks to employment to the downside \u2014 a challenging situation”.<\/p>\n

The Dow jumped 1.9 percent to reach a new record closing high while the S&P 500 rallied 1.5 percent to snap a five-day losing streak and the tech-heavy Nasdaq Composite climbed 1.9 percent. <\/p>\n<\/p>\n<\/div>\n