Reported about 18 hours ago
Equities and Treasuries gained on optimism surrounding Donald Trump's appointment of Scott Bessent as Treasury Secretary, seen as a stabilizing influence for the US economy. Asian stocks rose, led by Japan and South Korea, while US futures and Bitcoin also showed upward movement. Investors are cautiously anticipating Bessent’s focus on economic stability amidst concerns over inflation and trade tensions, particularly as he is expected to support Trump's tax and tariff plans. This week, key economic data from various regions will be closely monitored by traders.
Source: YAHOO