Asian Stocks Rise as Tariff Truce Boosts Market Sentiment

Reported about 6 hours ago

Most Asian stocks climbed on Tuesday, driven by the extension of a tariff truce between the U.S. and China, with Japan's shares reaching an all-time high. U.S. President Trump extended the truce for an additional 90 days, alleviating fears of steep tariffs on Chinese goods. The favorable market sentiment was further supported by expectations of U.S. rate cuts and strong corporate earnings. However, while regions like Japan and Australia marked record highs, broader market movements remained cautious as traders awaited key economic data from the U.S. and central bank policy decisions.

Source: YAHOO

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