Reported 1 day ago
Financial markets showed surprising resilience despite uncertainties, with global stocks gaining up to 3% and the dollar strengthening, as trade tensions appeared to ease. However, concerns loom over potential stagflation with the U.S. economy's contraction in Q1 and mixed corporate earnings forecasts. The Bank of Japan's decision to hold interest rates while lowering growth expectations added to market volatility, foreshadowing potential challenges ahead.
Source: YAHOO