Reported 4 days ago
Asian stocks saw a rise on Friday, attempting to recover from a slow start to 2025, while the dollar reached a two-year high as concerns persisted over prolonged high US interest rates. The MSCI Asia-Pacific index climbed 0.33% but was set for a nearly 1% weekly drop. Chinese stocks showed minor recovery after declines, reflecting worries about the domestic economy and potential trade conflicts under Donald Trump's presidency. Wall Street experienced broad declines, following uncertain market conditions influenced by rising bond yields and investor caution ahead of upcoming US economic data.
Source: YAHOO