Markets in Asia mostly rise on Friday as investors wait for a speech by Federal Reserve Chair Kevin Warsh, looking for signals on the outlook for US interest rates. The move follows a pause in enthusiasm after Nvidia’s strong earnings, with traders shifting their focus back to the broader US economy and monetary policy expectations.
Across the reports, elevated inflation in the US and uncertainty around how long the Middle East crisis will persist are cited as key background factors shaping investor expectations. Outlets describe the speech as closely watched, with traders trying to determine whether and when the Fed will tighten monetary policy.
Several reports also note spillover into global markets. One outlet says European indices rise alongside Asia, with Paris gaining around 1% and luxury shares leading. Another adds that Wall Street edges higher at the open, though the emphasis in all sources remains on the Fed speech as the main catalyst for near-term trading sentiment.
