Reported 3 days ago
Asian stock markets traded within narrow ranges as investors sought clarity following weak US consumer confidence data and uncertainties about President Trump's impending tariffs. The MSCI Asia Pacific Index saw a slight gain, while US Treasury yields increased. Despite concerns over potential tariffs lifting copper prices to record levels, some analysts expressed optimism for Chinese stocks due to improving earnings outlooks. The geopolitical climate saw an improvement following a ceasefire agreement between Russia and Ukraine, but overall market sentiment remains cautious amid ongoing economic policy uncertainties.
Source: YAHOO