By Vivek Kumar Moving markets today: Asian markets surge on rate-cut hopes, Australia’s Q1 growth slows, China’s service sector expands; global PMIs, Computacenter take centre stage US stocks closed with modest gains on Tuesday, buoyed by weaker-than-expected labour market data that reinforced expectations of an impending interest rate cut by the Federal Reserve. Meanwhile, Asian stocks saw upward momentum on Wednesday, while the dollar remained stable amidst signs of softening in the US job market. Oil prices continued their decline for the sixth consecutive day due to significant increases i…