Here's your summary from Asian Shares Follow Record-Breaking Wall Street | Bloomberg: The Asia Trade 06/18/2024 (https://www.youtube.com/watch?v=FMme31nyPjE) on the Bloomberg Television channel:
### TLDR:
Asian shares are following record-breaking Wall Street highs, with markets rallying ahead of an expected rate cut and positive corporate earnings.
### Key Points:
1. Wall Street drove to fresh record highs, with the Philadelphia Fed president supporting a potential rate cut later in the year.
2. Australia's central bank is expected to keep rates steady, with a focus on language indicating future rate movements.
3. Activist proposals hit a record high for Japan's AGM season, with Toyota's chairman facing investor scrutiny over oversight and governance concerns.
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