Asian shares join global equity rally on tame US inflation data

September 12, 2025

Asian markets saw gains following positive US economic data. Inflation remained calm and job numbers cooled. This increased the likelihood of Federal Reserve interest rate cuts soon. Tech companies like Microsoft and Adobe showed positive movement. Investors are watching Alibaba’s Hong Kong shares. Oil prices declined due to market concerns. The US job market is key to future rate decisions.

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Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?

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