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2026-02-16 07:23:05
Analysts say Asian stocks are expected to rise on Monday after recent selling pressure in U.S. stocks eased and inflation data supported expectations of a Federal Reserve rate cut this year. Japanese and Australian stock index futures also foreshadowed gains. The dollar was largely unchanged against major currencies in early Sydney trading. The calm in the market suggests overall risk sentiment is supported after several weeks of declines in the S&P 500, driven by concerns about the impact of artificial intelligence on industries ranging from software to logistics.
