Here's your summary from Bloomberg Markets: Asia 07/04/2024 (https://www.youtube.com/watch?v=zzFdvGjs80k) on the Bloomberg Television channel:

**TLDR:** Asian stocks rise after weaker economic data supports Fed rate cuts, President Biden faces pressure to abandon re-election bid, and Japanese financial stocks see positive gains.

1. Asian stocks rise after Wall Street hits record high, weaker economic data supports Fed rate cuts.

2. President Biden faces pressure to abandon re-election bid from Democratic governors.

3. Japanese financial stocks, like Sumitomo Mitsui, see positive gains with improved corporate governance.

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