Stock Rally Takes a Breather in Asia, Yen Advances: Markets Wrap

Bessent Warns of US ‘Embarrassment’ If Tariffs Ruled Illegal

Global equities paused their record-breaking rally in Asian trading as investors braced for a flurry of earnings from megacap technology companies and policy announcements from major central banks this week.

Asian sharesfell 0.4% and futures pointed to a weaker open for Europe. Japanese shares extended their drop as the yen gained. Contracts for the US dipped 0.1%, after the underlying indexes closed at a record as Chinese and US trade negotiators lined up an array of diplomatic wins for Donald Trump and Xi Jinping to unveil at a summit this week.

“What we’re hoping is for some agreement with …

Source link

Visited 2 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *