Reported 1 day ago
Asian markets are anticipated to open with volatility following Wall Street's recent decline amid rising U.S. inflation fears and potential trade tariffs announced by President Trump. Concerns about global trade tensions are heightening, particularly for Asian economies. While U.S. employment figures showed some promise, the overall sentiment is cautious due to inflation pressures and their potential effects on interest rates. Meanwhile, China's battle with deflation continues, contrasting with Japan's rising bond yields and strengthening yen. Key economic indicators from Taiwan and Japan are expected to influence market directions.
Source: YAHOO