By Vivek Kumar Moving markets today: Nikkei drives Asian markets up, oil and gold prices surge; US Fed’s Powell maintains cautious rate-cut strategy, attention on Fedspeak and US jobs data The S&P 500 recovered from consecutive declines, registering its first weekly gain amid new data suggesting a softening US economy. Asian markets rallied on Thursday, fuelled by expectations of potential US rate cuts, though the timing remained uncertain, leading to a yen depreciation and boosting Japanese stocks. Oil prices surged due to concerns over reduced supply and geopolitical tensions. Federal Reserv…