Asian shares rally as US rate-cut bets rise; oil edges up after Ukraine–Russia peace signals

Asian markets surged Wednesday, fueled by weaker US data bolstering hopes for a Federal Reserve rate cut next month. Crude prices stabilized after a dip. Investors are keenly watching for signals of cooling US growth and potential shifts in Fed leadership, which could further influence market sentiment and oil prices.

Asian shares rally as US rate-cut bets rise; oil edges up after Ukraine–Russia peace signals
Asian markets surged Wednesday, fueled by weaker US data bolstering hopes for a Federal Reserve rate cut next month. Crude prices stabilized after a dip. Investors are keenly watching for signals of cooling US growth and potential shifts in Fed leadership, which could further influence market sentiment and oil prices.