Global Markets Brace for Upswing Amid Rate Cut Hopes and Nvidia’s China Outlook

Key TakeawaysGlobal equities are poised for a stronger open, buoyed by optimism for Federal Reserve rate cuts and positive sentiment surrounding potential Nvidia (NVDA) chip approvals for China, which are expected to lift risk appetite after recent volatility.Gold prices are holding firm, with traders increasingly betting on a near-term Fed rate cut (with probabilities now as high as 74% for December) despite mixed signals from US policymakers and economic data.The United Kingdom faces significant financial ...