Data showig a fall in producer prices last month came ahead of key consumer figures due Thursday and boosted rate cut hopes

Data showig a fall in producer prices last month came ahead of key consumer figures due Thursday and boosted rate cut hopes

Asian equities mostly rose Thursday as investors built on this week's rally after US data ramped up expectations for a string of interest rate cuts.

Markets have enjoyed a healthy run in recent months -- with some hitting record highs -- on growth optimism that the Federal Reserve will resume its monetary easing process as figures indicate the world's top economy is slowing.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.