The Asia-Pacific benchmark stock index approaches historical highs, driven by three main factors
ChainCatcher news, according to Jinshi reports, the Asia-Pacific benchmark stock index is heading towards a record closing high, continuing the upward trend driven by the easing of uncertainty over U.S. tariff policies, a strong rebound in the Chinese stock market, and market optimism about the Federal Reserve potentially cutting interest rates as early as next week. On Monday, the MSCI Asia-Pacific Index rose 0.2% to 220.65 points at one point, with technology stocks such as Alibaba and Samsung Electronics being the main contributors to the gains. If it maintains this level at the close, it will surpass the historical peak of 220.64 points set by the index in February 2021.
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