Di Yi Cai Jing·2025-09-18 03:04Group 1: Federal Reserve Actions - The Federal Reserve announced a 25 basis point rate cut in September, aligning with market expectations, and indicated two more potential cuts by year-end [1] - The dot plot suggests only one rate cut in the following year, with further cuts not expected until 2027, but Chairman Powell emphasized that the dot plot reflects individual forecasts rather than a set plan [1] - Market analysis indicates a high probability (87.7%) of a 25 basis point cut in October, while the likelihood of maintaining rates in December is only 1.1% [1] Group 2: Japanese Stock Market Performance - The Nikkei 225 index reached a historical high, driven by gains in the real estate and technology sectors, with Resonac Holdings leading with an 11% increase [3] - Economists expect the Bank of Japan to maintain stable policy rates during its meeting, but a potential rate hike of 25 basis points is anticipated in October [3] - The resignation of Prime Minister Shinto Abe may create opportunities for the Japanese stock market if a new leader adopts more expansionary fiscal and monetary policies [3] Group 3: South Korean Stock Market Trends - The KOSPI index rose by 0.84%, nearing its historical peak, with significant contributions from major companies like SK Hynix and Hanwha Aerospace [4] - The South Korean government stated that the impact of the Federal Reserve's rate cut on Korea is limited, while monitoring trade negotiations and household debt [4] - Ongoing corporate governance and capital market reforms are contributing to the upward trend in the South Korean stock market [4] Group 4: Asian Market Overview - The MSCI Asia-Pacific index reached a four-year high, with a year-to-date increase of over 20%, outperforming the S&P 500 index [6] - Analysts from T. Rowe Price and Franklin Templeton warn that the market may be underestimating the impact of tariffs on corporate profits, which could suppress exports in the coming months [6][7] - Concerns are raised regarding the potential risks to the Asian technology sector, particularly in semiconductor industries, due to reliance on exports [7]