Asian Stocks Primed for Best Year Against US Peers Since 2017

Asian stocks will likely keep eclipsing their US peers, as a weaker dollar further raises the appeal of a region that has benefited from cheaper valuations and a momentous shift away from American assets, according to analysts.

Also supporting the region’s equities are growing signs of easing trade tensions, especially between the US and China, where a months-long rally looks far from over. While the Federal Reserve’s latest interest rate cut was a given, it reinforced a bearish outlook for the US currency and opened up space for Asian central banks to loosen policy.