Asian stock markets are poised for a broad rally on Wednesday, driven by signals that the Federal Reserve may not pursue aggressive interest rate hikes next year. Equity-index futures for Japan and South Korea have moved higher, while Australia's futures have seen a slight decline. The S&P 500 closed nearly unchanged, and Treasury yields rose after New York Fed President John Williams indicated one more rate hike this year but no further tightening in 2027. The dollar weakened as investors reassessed the trajectory of monetary policy.