Asian stock markets open positive, encouraging investors to expect the Fed to stop raising interest rates.

Asian stock markets opened higher, following the Dow Jones's trend. The Nikkei index rose 500 points and the Hang Seng index rose 250 points, boosted by investor expectations that the Fed would halt interest rate hikes.

Asian stock markets opened higher this morning (November 6), following the upward trend of the Dow Jones index in the U.S. stock market on Friday (November 3). This was driven by investor expectations that the U.S. Federal Reserve ( Fed ) may end its interest rate-raising cycle after the U.S. released lower-than-expected job creation figures.

The Nikkei index in Tokyo opened the morning session at 32,450.82 points, up 500.93 points or +1.56%. The Hang Seng index in Hong Kong opened at 17,913.54 points, up 249.42 points or +1.4%, and the Shanghai Composite index in China opened at 3,047.13 points, up 16.33 points or +0.53%.

Investors are eyeing the release of Japan's final business activity figures for October from Jibun Bank today.

Meanwhile, investors are also keeping an eye on Chinese economic data this week. Tomorrow (November 7), the General Administration of Customs of China will release October import, export, and trade balance figures, while on Thursday (November 9), the National Bureau of Statistics of China will release October's Consumer Price Index (CPI) and Producer Price Index (PPI).

The Dow Jones Industrial Average surged more than 200 points on Friday, buoyed by speculation the Federal Reserve may be ending its interest rate hike cycle after the Labor Department reported Friday that nonfarm payrolls increased by just 150,000 in October, the lowest level in nearly three years and below analysts' expectations of 188,000.

Read more news:

• “Oil price” today (6 Nov. 66)
• Dow Jones closed positive at 222.24 points due to lower bond yields and weak employment figures.
• The baht opened at 35.54 baht/dollar, keeping an eye on the interest rate direction. Expected Thai inflation October decreased