{"id":150839,"date":"2025-10-29T04:40:08","date_gmt":"2025-10-29T04:40:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/150839\/"},"modified":"2025-10-29T04:40:08","modified_gmt":"2025-10-29T04:40:08","slug":"asia-stocks-rise-on-ai-optimism-investors-gird-for-fed-tech-earnings","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/150839\/","title":{"rendered":"Asia stocks rise on AI optimism, investors gird for Fed, tech earnings"},"content":{"rendered":"<ul data-testid=\"Summary\" class=\"summary-module__summary__QjADA\">\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">Asia shares upbeat; eyes on earnings from tech giants<\/li>\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">Microsoft, Alphabet, Meta report after the bell<\/li>\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">25bp Fed cut baked in, focus on end of QT<\/li>\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">Yen strengthens after Bessent urges Tokyo to give BOJ scope to raise rates<\/li>\n<\/ul>\n<p>SINGAPORE, Oct 29 (Reuters) &#8211; Asian shares got a lift from Wall Street on Wednesday thanks to a fresh wave of optimism over artificial intelligence, as investors braced for a busy day headlined by the Federal Reserve&#8217;s decision and earnings from technology heavyweights.<\/p>\n<p>The prospect of lower U.S. rates this week supported bonds, while the dollar sustained losses as investors bet Wednesday&#8217;s expected Fed cut would not be the last for the year.<\/p>\n<p data-testid=\"promo-box\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__promo-box__hVl8h\"> Sign up  <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/world\/china\/global-markets-wrapup-1-2025-10-29\/undefined?location=article-paragraph&amp;redirectUrl=%2Fworld%2Fchina%2Fglobal-markets-wrapup-1-2025-10-29%2F\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">here.<\/a><\/p>\n<p>Overnight, Wall Street <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/us-stock-futures-steady-after-recent-rally-focus-big-corporate-earnings-2025-10-28\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">closed<\/a> at record highs after upbeat news from Nvidia <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/NVDA.O\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(NVDA.O), opens new tab<\/a> and Microsoft <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/MSFT.O\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(MSFT.O), opens new tab<\/a>, with the former <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/nvidias-huang-speak-washington-investors-look-hints-china-2025-10-28\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">announcing<\/a> $500 billion in bookings for its AI chips and that it would build seven supercomputers for the U.S. Department of Energy.Microsoft meanwhile <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/microsoft-openai-reach-new-deal-allow-openai-restructure-2025-10-28\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">reached<\/a> a deal allowing OpenAI to restructure into a public benefit corporation while giving the software giant a stake of 27% in the ChatGPT maker.That helped propel stocks in Asia higher, with MSCI&#8217;s broadest index of Asia-Pacific shares outside Japan <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/quote\/.MIAPJ0000PUS\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(.MIAPJ0000PUS), opens new tab<\/a> rising 0.16% while Japan&#8217;s Nikkei <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/quote\/.N225\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(.N225), opens new tab<\/a> jumped more than 1% to hit another record.South Korea&#8217;s Kospi <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/quote\/.KS11\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(.KS11), opens new tab<\/a> similarly scaled an all-time high, helped by strong <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/world\/china\/nvidia-supplier-sk-hynix-posts-record-q3-profit-meets-forecasts-2025-10-28\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">earnings<\/a> and a bullish outlook from SK Hynix <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/000660.KS\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(000660.KS), opens new tab<\/a>, an Nvidia supplier.The &#8220;Magnificent Seven&#8221; tech titans Microsoft <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/MSFT.O\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(MSFT.O), opens new tab<\/a>, Alphabet <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/GOOGL.O\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(GOOGL.O), opens new tab<\/a> and Meta <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/META.O\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(META.O), opens new tab<\/a> are due to <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/big-tech-report-earnings-under-specter-ai-bubble-2025-10-27\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">report<\/a> earnings later on Wednesday, where there are lofty expectations for them to deliver strong results that would justify stretched valuations.<\/p>\n<p>&#8220;Expectations are sky-high, and the bar for disappointment is high too,&#8221; said Charu Chanana, chief investment strategist at Saxo.<\/p>\n<p>&#8220;Investors want to see not just solid numbers but evidence of sustained AI monetisation and broadening demand beyond the initial boom. That&#8217;s where the market will judge if this AI boom is becoming a bubble or not.&#8221;<\/p>\n<p>Nasdaq futures were up 0.06% while S&amp;P 500 futures were little changed. EUROSTOXX 50 futures fell 0.14%.<\/p>\n<p>BETTING ON A DOVISH FED<\/p>\n<p>Also key for investors later in the day will be a highly anticipated rate decision from the Fed, where a 25-basis-point cut is almost fully priced in.<\/p>\n<p>Alongside the rate move, markets will be <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/big-rates-market-trade-envisions-end-fed-balance-sheet-unwind-2025-10-27\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">watching<\/a> whether the central bank could halt its long-running effort to <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/finance\/some-analysts-see-imminent-fed-halt-balance-sheet-drawdown-rate-turbulence-2025-10-20\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">shrink<\/a> its balance sheet, known as quantitative tightening (QT).<\/p>\n<p>&#8220;The end of QT, if announced, would be interpreted as a dovish shift, especially if it comes with hints of maintaining balance-sheet stability,&#8221; said Saxo&#8217;s Chanana.<\/p>\n<p>The two-year Treasury yield held at 3.4904% while the benchmark 10-year yield stood at 3.9814%, as traders awaited further validation from the Fed on market pricing for a December easing as well.<\/p>\n<p>The Fed cut expectations in turn left the dollar weak on Wednesday, with the euro and sterling firming at $1.1652 and $1.3272, respectively.<\/p>\n<p>The Aussie dollar rose 0.17% to $0.6598, after <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/australia-core-inflation-jumps-q3-red-flag-rate-cut-2025-10-29\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">data<\/a> showed domestic inflation rose by the most in over two years in the September quarter. A shockingly sharp jump in core inflation seemed to rule out a near-term interest rate cut from the Reserve Bank of Australia.In Japan, the yen strengthened 0.3% to 151.66 per dollar, after U.S. Treasury Secretary Scott Bessent <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/us-treasurys-bessent-urges-japan-government-allow-boj-policy-space-2025-10-29\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">escalated<\/a> his warning to Tokyo against keeping the yen too weak through prolonged low borrowing costs.<\/p>\n<p>The Bank of Japan (BOJ) announces its policy decision on Thursday, where expectations are for rates to be kept steady.<\/p>\n<p>&#8220;We expect the BOJ to adopt a moderately hawkish hold, signalling its intention to normalize policy in the coming months and laying the groundwork for a possible rate hike, likely in December or potentially January,&#8221; said Gregor Hirt, global CIO for multi asset at Allianz Global Investors.<\/p>\n<p>&#8220;Governor (Kazuo) Ueda may provide some moderate push-back to mitigate further currency weakening in the absence of immediate policy action.&#8221;<\/p>\n<p>Elsewhere, oil prices rose, snapping three straight days of declines as investors considered the impact of U.S. sanctions against Russia&#8217;s two biggest oil companies on global supply, along with a potential OPEC+ plan to raise output.<\/p>\n<p>Brent crude futures were up 0.28% to $64.58 a barrel, while U.S. crude rose 0.18% to $60.26 per barrel.<\/p>\n<p>The safe-haven gold traded just shy of $4,000 an ounce, with a pick-up in risk appetite denting demand for the asset and after its recent sharp fall squeezed leveraged money out of a very crowded trade.<\/p>\n<p data-testid=\"SignOff\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__full_width__kCIGb body-module__extra_small_body__Bfz20 sign-off-module__text__LQAMP\">Reporting by Rae Wee; Editing by Sam Holmes<\/p>\n<p data-testid=\"Body\" dir=\"ltr\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__element__5eCce article-body-module__trust-badge__5mS3f\">Our Standards: <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n<p><a href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" dir=\"ltr\" class=\"button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F\" data-testid=\"LicenceContentButton\" rel=\"nofollow noopener\">Purchase Licensing Rights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Asia shares upbeat; eyes on earnings from tech giants Microsoft, Alphabet, Meta report after the bell 25bp Fed&hellip;\n","protected":false},"author":2,"featured_media":150840,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[261],"tags":[291,82519,289,290,2000,2786,82703,82708,82709,84370,53515,1802,83626,84897,82538,82545,88440,82546,83395,82535,82556,82549,82541,88445,88443,82550,82776,88444,82553,83396,84460,82536,84041,83397,87973,83391,82530,83393,84146,82528,82531,88447,82777,82547,84461,82539,82557,82537,82540,82554,82552,82710,88442,88441,83394,82548,82551,85719,82702,83116,18,55396,82578,83371,82520,32356,87582,88435,88436,59750,19,84368,17,11203,88439,83122,88437,84440,88446,82524,82507,45751,88438,1659,84142,82773,83390,84457,82,83366,87567,107,82518],"class_list":["post-150839","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-amers","tag-artificial-intelligence","tag-artificialintelligence","tag-asean","tag-asia","tag-asxpac","tag-au","tag-aunz","tag-cen","tag-cn","tag-com","tag-cru","tag-dbt","tag-destabx","tag-destafa","tag-destauf","tag-destbnx","tag-destc","tag-destcsa","tag-destd","tag-destdnp","tag-deste","tag-destfmw","tag-destfne","tag-destfun","tag-destg","tag-destgnn","tag-destgns","tag-destgro","tag-destj","tag-destlby","tag-destm","tag-destmtl","tag-destnoinbsm","tag-desto","tag-destocabsm","tag-destoil","tag-destortao","tag-destoukbsm","tag-destousbsm","tag-destozabsm","tag-destpge","tag-destpsc","tag-destptd","tag-destrast","tag-destrbn","tag-destreulb","tag-destrnp","tag-destrws","tag-destrwsa","tag-destseabs","tag-destsi","tag-destsni","tag-destsof","tag-destu","tag-destucdptest","tag-destz","tag-easia","tag-eco","tag-eire","tag-emea","tag-emrg","tag-enr","tag-europ","tag-fin","tag-frx","tag-gol","tag-gvd","tag-hk","tag-ie","tag-int","tag-ireland","tag-jp","tag-kr","tag-mce","tag-metl","tag-mktrep","tag-mkts-glob","tag-namer","tag-news1","tag-nrg","tag-premtl","tag-rba","tag-rep","tag-seasia","tag-sg","tag-stx","tag-technology","tag-topicmarkets-commodities-energy","tag-tw","tag-us","tag-weu"],"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/150839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=150839"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/150839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/150840"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=150839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=150839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=150839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}