Asian markets rally with Wall St as rate hopes rise, AI fears easeAn electronic quotation board displays 10-year government bonds, an index of long-term interest rates on the Tokyo bond market in Tokyo on December 19, 2025. HONG KONG, China — Asian markets rallied Monday and gold hit a record high as the latest round of US data boosted hopes for more interest rate cuts, while worries over AI spending also subsided. Figures last week showing US unemployment hit a four-year high in November came as a report indicated the rise in consumer prices slowed more than expected. "This labour market softening and inflation moderation strengthened Federal Reserve easing expectations for 2026," wrote IG market analyst Fabien Yip. Gold, which benefits from lower US interest rates, hit a fresh record above $4,388, while silver also struck a new peak.

Source: Philippine Star December 22, 2025 15:37 UTC