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Global Markets Surge on Rate Cut Hopes, Geopolitical Tensions Simmer in South China Sea
Stock Market News· 2025-09-16 11:39
Key TakeawaysAsian equities are broadly higher, with Japan's Nikkei 225 surging to a record high of 44,888 points and Thailand's SET Index reaching its highest point since February, as markets anticipate a potential U.S. Federal Reserve rate cut.The Indian Rupee strengthened against the U.S. Dollar, opening at 88.07 compared to its previous close of 88.21, while the U.S. Dollar Index fell to 97.226, marking its lowest level since July 24.Geopolitical tensions escalated in the South China Sea, with the China ...