US EditionMost Asian Stocks Rise as Investors Eye US Trade Talks
- Most Asian stocks rose on Monday as investors focused on the revival of US trade talks and easing tariff tensions.
- This rally followed a three-month pause on tariffs initiated by President Trump in April and ongoing trade negotiations with countries like Canada, Japan, and India.
- Key market details included a 0.3% rise in the MSCI Asia-Pacific index, a 1.6% jump in Japan's Nikkei 225, and a 0.2% stronger offshore yuan amid mixed European equities.
- Joshua Crabb stated, "Markets are in a good place," highlighting that reduced geopolitical risks and trade optimism are supporting risk markets.
- The ongoing trade talks and tariff reprieve deadlines, especially the July 9 cut-off, suggest cautious market optimism persists amid geopolitical and legislative uncertainties.
60 Articles
60 Articles
Trade Talk Revival Fuels Asian Markets Amid Dollar Weakness
Trade Talk Revival Fuels Asian Markets Amid Dollar Weakness Asian share indices experienced an uptick on Monday, buoyed by the revival of trade discussions between the United States and Canada. This renewed dialogue helped to enhance risk sentiment in the markets, while at the same time, the US dollar encountered a slump as investors speculated on prospective US jobs data showing vulnerability in the labor market.The dollar's depreciation occurr…
Channel News Asia
Most Asian stocks rise as investors eye US trade talks
HONG KONG: Equities mostly rose Monday (Jun 30) following a record-breaking day on Wall Street as investors kept tabs on countries' efforts to strike trade deals with the United States before a key deadline next week. And the dollar weakened on growing expectations for more interest rate cuts, while eyes w
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