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Asian equities firmed after Wall Street’s rally, with the Nikkei rising as much as 1.6% as concerns over the BOJ’s ETF sales plan eased. MSCI’s regional gauge added 0.2%, though India’s tech sector came under pressure after the U.S. announced steep hikes to H-1B visa fees.

US and European stock-index futures rose, reflecting renewed investor optimism following the Federal Reserve's quarter-point interest-rate cut, despite lingering uncertainties about the pace of future easing.

Asian stock markets experienced volatility as investors awaited the Federal Reserve’s interest rate decision, with expectations of a potential cut for the first time this year.