15 Oct 2025 | 5 Mins Read
Asian stocks surge on rate-cut hopes despite trade concerns
Flipitmoney
Asian stocks rebounded after three days of losses, driven by optimism over a potential Federal Reserve rate cut, which outweighed renewed US-China trade tensions. Shares in Japan, South Korea, and Australia rose, while the dollar held losses and crude oil hovered near a five-month low. The Fed's chair, Jerome Powell, expressed concerns about a weakening labor market.