Asian Markets on Track: Anticipation of Fed Decision and Possible Merger in the Automotive Sector

Optimism prevails in the Asian markets as investors eagerly await what could be the last interest rate decision by the U.S. Federal Reserve this year. In Japan, the Nikkei 225 marked a slight dip with a decline of 0.2% to 39,281.06 points, despite positive data: Exports rose by 3.8% in November, while imports fell by 3.8%, as announced by the Japanese Ministry of Finance. There is a sense of anticipation, especially at Nissan Motor Corp., whose stock trading was temporarily halted. The stock surged by 22% due to speculation about a possible merger with Honda Motor Co., whose shares simultaneously fell by 3%. Both companies remain in discussions and are exploring closer cooperation, without having announced any concrete decisions. Already in August, Nissan, Honda, and Mitsubishi Motors Corp. agreed to cooperate on electric vehicle components and autonomous driving to better respond to changes in the automotive industry. In Hong Kong, the Hang Seng rose by 0.6% to 19,815.30 points, while the Shanghai Composite increased by 0.7% to 3,385.64 points. South Korea's Kospi climbed by 1% to 2,481.87 points, while Australia's S&P/ASX 200 slightly declined by 0.1% to 8,304.00 points. Meanwhile, U.S. markets are preparing for the Federal Reserve's decision. The S&P 500 recently recorded a decline of 0.4% to 6,050.61 points but remains near its record high. The Dow Jones fell by 0.6% to 43,449.90 points, and the Nasdaq Composite lost 0.3%, closing at 20,109.06 points. The sentiment among global fund managers is optimistic, with an increased drive to invest in U.S. stocks at the expense of cash reserves. The S&P 500 is heading for a remarkable year with almost 27% growth, supported by the stability of the U.S. economy and the hope for growth-promoting policies from President-elect Donald Trump. The Fed's interest rate cuts, expected on Wednesday, could further support this trend, although persistent inflationary pressure above the Fed's 2% target could complicate further measures.