India, Oct. 21 -- A look at the day ahead in European and global markets from Ankur Banerjee And just like that, worries about credit risks are in the rear view. Investors are feeling perky, betting that tensions between the U.S. and China will ease, the Fed will cut rates next week and the earnings season will be strong. That - let's call it optimism - has pushed stocks across Asia-Pacific to record peaks, with Japan's Nikkei just shy of a landmark 50,000 points. Tech-heavy Taiwan and South Korea stocks have also hit record highs after strong overnight gains from U.S. tech shares led by Apple. Hardline conservative Sanae Takaichi is set to be voted in as Japan's first female prime minister later on Tuesday and her appointment continues to ...