Asian Markets Rally As Fed Cut Hopes Trump Trade War Fears

Stocks jumped Wednesday as trade war fears were overshadowed by comments from Federal Reserve boss Jerome Powell that suggested the bank would cut interest rates again this month.After a volatile couple of days characterised by a fresh flare-up in China-US tensions, investors took the opportunity to jump back into the market and resume a months-long, tech-fuelled rally.Powell has for most of the year walked a fine line between trying to keep a cap on US inflation while also supporting the labour market, eve ...