Positive growth was observed in Asian stock markets on November 25 due to expectations that the US Federal Reserve System (FRS) might lower interest rates in December, Reuters reported. Additionally, investors continue to invest in shares of global technology companies despite concerns about potential overheating in the sector.
As a result, the MSCI index rose by 0.75%, partially recovering from last week’s 4% decline. The Nikkei index recorded slight growth, increasing by 0.1%, while Hong Kong's Hang Seng index rose by 0.6% and China’s CSI300 index increased by 1.1%.
Meanwhile, European futures declined by 0.2%, Reuters noted. According to FedWatch data provided by the Chicago Mercantile Exchange (CME), the likelihood of a 25 basis points interest rate cut in the US stands at 85.1%. This figure was 42.4% just a week ago.
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