By Vivek Kumar Moving markets today: Asian stocks rise on rate cut expectations, yen near 38-year lows; Powell said US on ‘disinflationary path’; Focus on Fed minutes, ISM services PMI, and UK elections US stocks achieved new record highs, driven by strong performances from major technology companies. In Asia, stock markets rose on Wednesday following remarks from Fed Chair Jerome Powell that strengthened expectations of future rate cuts in the US. Meanwhile, the yen remained near its highest levels since 1986, causing caution among traders who are mindful of potential interventions by Japanes…