Asian Stocks Expected to Rise Amid Eased U.S. Market Pressure

Asian stock markets are anticipated to climb on Monday following a recent easing of selling pressure in U.S. equities. According to Jin10, inflation data has bolstered expectations for a Federal Reserve rate cut within the year. Futures for Japanese and Australian stock indices indicate potential gains. During early trading in Sydney, the U.S. dollar remained stable against major currencies. The calm in the markets suggests that overall risk sentiment is supported, despite concerns over the impact of artificial intelligence on industries ranging from software to logistics, which had previously led to consecutive weeks of decline in the S&P 500 index.