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Asian Markets Rebound After Historic Sell-Off

Japan's Nikkei 225 surges nearly 11% as investors react to US economic data and Fed rate cut speculation.

  • Tokyo's Nikkei 225 index recovered 10.3% following a 12.4% plunge, driven by bargain hunting.
  • US recession fears and weak job data have led to calls for the Federal Reserve to cut interest rates.
  • Global markets experienced significant volatility, with Wall Street's major indexes suffering steep losses.
  • Analysts warn of continued market instability despite Tuesday's gains in Asian equities.
  • The Bank of Japan's recent interest rate hike adds further complexity to the economic outlook.
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