Asian Markets and Dollar Decline Amid Trade Tensions

Reported 2 months ago

Asian share markets and the dollar fell on Monday as U.S.-China trade tensions heightened with President Trump's tariff threats. Investors adopted a cautious approach ahead of crucial U.S. jobs data and potential European interest rate cuts. Most Asian stocks dropped, with the MSCI Asia-Pacific index down 0.8%, while economic forecasts were impacted by fears of a recession due to rising tariffs. The dollar weakened against major currencies, reflecting negative sentiment and uncertainty in trade policies.

Source: YAHOO

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