Asian stocks rise after real interest rate cuts

s changes on Wednesday, and while Chairman Jerome Powell left open the possibility of raising rates above the current 22-year high of 5.5 percent, he said the risks of doing too much or too little are now balanced.

Future events:

On Monday, the Bank of Japan will release minutes from its latest meeting and the EU will release final manufacturing PMI data for October. China will release October trade figures and the US will present September trade data on Tuesday. On Wednesday, the EU will report September retail sales and the U.S. will provide an update on wholesale inventories.

Actions to watch:

InnovestX Securities recommends selective buying based on three themes. The first is the beneficiaries of the high''Oil prices that have a possible upside potential of $5 to $10 per barrel.