"Marketmind: Fed's Dovish Stance Ripples Across Markets"

Asian markets are expected to open positively on Monday following Wall Street's late rally and the Fed Chair's indication that the central bank is done raising interest rates and may soon cut them. The falling dollar and bond yields have also contributed to the positive sentiment. The U.S. bond and rates markets have been seen as overly optimistic, but with Fed policymakers in a blackout period, there is no guidance to dampen investor enthusiasm. New Zealand trade data and Australian inventories and corporate profit data are among the key economic indicators for the day. The rest of the week will see interest rate decisions from Australia and India, inflation figures from several countries, and GDP data from Japan, Australia, and South Korea. The Reserve Bank of Australia is expected to keep rates on hold, while the chance of a rate hike is currently higher than that of a cut.