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Asian Markets Rally on U.S. Gains and China's Liquidity Boost

Asian equities rose as U.S. stocks hit record highs, and China introduced a liquidity tool to stabilize its markets.

  • Asian stocks, including Japan, South Korea, and China, saw gains following U.S. market highs and ahead of key U.S. inflation data.
  • China's central bank launched a 500 billion yuan liquidity tool to support institutional investors in purchasing stocks, aiming to stabilize the market.
  • The U.S. S&P 500 and Dow Jones Industrial Average reached new records, driven by tech sector gains despite geopolitical tensions in the Middle East.
  • Upcoming U.S. consumer price data is expected to show a moderation in inflation, influencing Federal Reserve rate decisions.
  • Japan's producer prices rose more than expected in September, while major companies like Seven & i Holdings adjusted profit forecasts amid economic challenges.
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