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Asian Stocks Eye Higher Open After Fresh US Record: Markets Wrap

ECB to Begin Cuts But Path Beyond Gets Murkier

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Asia shares rally on hopes for more rate cuts this week

SYDNEY (Reuters) -Asian share markets rallied on Monday as investors looked forward to a rate cut in Europe, and quite possibly Canada, as the next step in global policy easing, though sticky inflation threatens to make the process a drawn out affair. There was also better news from China as the private Caixin survey showed a pick-up in its main factory index to a two-year top of 51.7 in May, from 51.4 in April. Japan's factory activity expanded for the first time in a year in May, while activity in South Korea grew at the fastest pace in two years.

We're about to get central bank rate cuts soon—but not from the Federal Reserve: Here's who is expected to ease in the coming week

Asia Shares Rally on Hopes for More Rate Cuts This Week