From Financial Modeling Prep: 2024-12-18 04:55:04

Asian stocks rose on reports of China’s planned fiscal spending, boosting regional markets despite Wall Street’s overnight dip. NASDAQ fell from highs, Dow Jones on longest losing streak in 40 years.

China’s targeted fiscal spending aims to stabilize economic recovery in Asia, lifting market sentiment amid global uncertainties.

U.S. futures flat as markets await Fed rate decision. Expected 25 basis point cut, but hints of slower easing in 2025 could impact risk-driven assets negatively.

Global central banks, including Japan, Thailand, Indonesia, and the Philippines, set for key policy meetings. Decisions on easing or tighter fiscal strategies could shape market outcomes in Q1 2025.



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