Investing.com-- Most Asian stocks rose on Tuesday amid growing bets on lower U.S. interest rates, with Japan’s Nikkei 225 index hitting a record high, while Chinese markets lagged on persistent concerns over a trade war.beginning later in the day. Investors were holding out for dovish cues from Powell after a swathe of recent readings showed some cooling in U.S. inflation and the labor market.
Expectations of major corporate reforms in Japanese companies, which are expected to see them prioritize shareholder returns, also made local markets appear more attractive. Chinese stocks largely lagged their peers through June as optimism over an economic rebound in the country wore thin amid middling economic readings. Focus this week is onRisk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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