Most Asian markets rise on US rate hopes, Tokyo hits record

Most Asian markets rise on US rate hopes, Tokyo hits record
(Image: Supplied)
AFP
Asian markets mostly rose on Tuesday, fuelled by optimism that the US Federal Reserve will slash interest rates this year, with gains led by a record high in Tokyo, while gold also hit a fresh peak.Last month's big miss on US jobs creation raised concerns about the strength of the world's top economy, but it has stoked bets that the central bank will loosen monetary policy, even as inflation remains stubbornly above its target.Investors are awaiting the release of fresh data on prices this week to get a better idea about the Fed's n...

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