Global Markets Today: Nikkei 225, Kospi trade mixed on Fed rate cut hopes

Global Markets Today: The Asia-Pacific markets kicked off on a varied note on Thursday, with the Nikkei 225 in Japan increasing by 0.23% in early trading, while the Topix declined by 0.18%. South Korea’s Kospi saw a rise of 0.67%, and the Kosdaq added 0.2% to its value. These fluctuations are in line with the ongoing momentum as Wall Street continues its surge to reach new highs, buoyed by the hopes of a potential rate cut by the Federal Reserve along with positive inflation indicators. This positive sentiment has a direct impact on global markets, leading to a mixed performance in the Asian trading session.