Asian share markets rallied on Monday as investors celebrated the likely resumption of interest rate cuts in the United States, while hoping AI-superstar Nvidia's results this week will help justify the sector's stratospheric valuations.

World shares are mixed after the head of the Federal Reserve hinted that cuts to interest rates may be on the way.

Asian shares have tracked Wall Street's rally after the head of the Federal Reserve hinted that cuts to interest rates may be on the way