Asian shares surged on Thursday, buoyed by a strong rebound in global tech stocks driven by Meta and Nvidia. Additionally, expectations of imminent policy easing in the U.S. lifted global bonds and commodities.
The Federal Reserve kept interest rates unchanged overnight but signaled the possibility of a rate cut in September. This led traders to speculate that the Bank of England might also lower rates later in the day, with a 60% probability of such a move.
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