Investing.com-- Most Asian stocks rose on Tuesday amid persistent optimism over an eventual decline in U.S. interest rates, with indexes in Japan and South Korea blazing past their peers in catch-up trade.later in the day, where the central bank is widely expected to keep rates steady but strike a more hawkish tone.
But U.S. stock index futures fell slightly in Asian trade, while overall gains in regional markets were also limited in anticipation of more cues on U.S. rates, specifically from Federal Reserve officials set to speak later in the week.The two rose in catch-up trade after a long weekend, with their gains coming largely in response to softer-than-expected U.S.
The RBA is expected to leave rates unchanged, but to potentially strike a hawkish tone following hotter-than-expected inflation data for the first quarter. Any hawkish signals from the RBA bode poorly for Australian stocks.index fell 0.4% after rising for 10 consecutive sessions, which also saw the index enter a bull market from February lows.stop with the rate bet nonsense.