As interest rate cut expectations rise, Asian stock markets collectively rise, with the Nikkei standing above 40,000 points for the first time

Affected by the rise of U.S. stocks and expectations of interest rate cuts by the Federal Reserve, Asian stock markets generally rose, with the Nikkei 225 index breaking through 40,000 points for the first time. Market expectations for interest rate cuts by the Federal Reserve have strengthened, with the swap market having priced in two rate cuts and increased bets on a third. The rise in the Japanese stock market is mainly driven by the semiconductor sector, supported by demand for artificial intelligence and the easing of tensions in the Middle East