Asian Stocks Uniformly Turn Green Despite The Fed's Cautious Signal

Asian stock markets on Thursday (04/09) moved up with Australia's and Japan's indices leading the gains. This increase occurred after the Federal Reserve (The Fed)), the central bank of the United States, signaled that it would be more cautious in raising interest rates.
Australia's benchmark index strengthened by 0.8% after recording its largest decline since April the day before, while Japan's Nikkei 225 rose by 1.2%. However, regional conditions remain mixed as the MSCI Asia Pacific index outside Japan fell by 0.2% due to pressure from China.
In Europe, futures contracts indicate a slightly higher opening, with the UK FTSE rising by 0.16% and the French CAC 40 increasing by 0.1%. Nevertheless, investors are still monitoring the European retail sales report that will be released today.
The latest JOLTS report shows a decline in job openings that raises hopes for a rate cut, with the probability estimated at 96.6% this month according to CME FedWatch.