US-China tariff truce: Nikkei reaches record high, Asian stocks rise; crude gains
Asian stocks experienced gains, led by Japan’s Nikkei reaching a record high, following the US-China tariff truce extension. This eased trade tensions and stabilised oil prices. Australia’s index also hit a record high amid expectations of interest rate cuts. Investors are now focused on upcoming US consumer price inflation data and its potential impact on Federal Reserve rate cut expectations.🕒 1 min read
Asian stocks experienced gains, led by Japan’s Nikkei reaching a record high, following the US-China tariff truce extension. This eased trade tensions and stabilised oil prices. Australia’s index also hit a record high amid expectations of interest rate cuts. Investors are now focused on upcoming US consumer price inflation data and its potential impact on Federal Reserve rate cut expectations.
Continue Reading
- PCB Sets Rs 1.3 Billion Reserve Price For Two New PSL Franchises
- Mumbai Man Arrested After Duping 81-Year-Old Woman Of Rs 7.8 Crore
- India-Qatar trade deal by Q3 next year: Piyush Goyal
- Video: First Jaish, Now Lashkar Terrorist Tears Apart Pak Op Sindoor Claims
- Repolling At 15 Booths In Bengal Begins After Complaints Of Irregularities
- Karachi Residents Store Cooking Gas In Balloons Amid Fuel Shortage: Report
-
Video: Pak F-16s Escort JD Vance’s Aircraft As He Arrives In Islamabad For Iran Talks
- Trump Gives 2 Weeks To Assess Russia-Ukraine Peace Prospects
- Box Office: Samantha’s Maa Inti Bangaaram Crosses Rs 50 Crore Mark Globally
-
Friendship With Epstein Ended As He “Stole People Who Worked For Me”: Trump