Reported 3 days ago
Asian shares started 2025 on a shaky note, with the markets reacting cautiously to the potential implications of Donald Trump's return to the U.S. presidency and a hawkish outlook from the Federal Reserve. Despite a strong overall performance in 2024, stocks faced downward pressure, particularly as Chinese indices fell due to concerns over Trump's proposed tariffs on imports from China. Investors are wary of a fragile economic recovery in China and the impact of upcoming U.S. monetary policy adjustments, while the dollar remains strong amidst global uncertainty.
Source: YAHOO