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Asian Stocks Poised to Rise on Fed Rate Bet

Bloomberg Markets •
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Stocks in Asia were poised to rise on Friday, tracking gains on Wall Street as investors pared bets on a Federal Reserve rate hike this month.

Equity-index futures for Japan, South Korea, and Australia pointed higher after Fed Governor Christopher Waller said he would support keeping rates steady if price pressures continue to ease. The yen held its biggest gain in over a month, and oil rose.

The dollar fell to its lowest since May, while swaps priced roughly even odds of a quarter-point hike in September, down from about 70% earlier this week. The two-year Treasury yield fell three basis points to 4.34%, as reported by Bloomberg Markets on September 3, 2026.