Tag Archives: treasury yields

Asian markets surge on hopes of easing tariff war

Asian stock markets moved higher on Wednesday as investors reacted positively to U.S. President Donald Trumpโ€™s assurance that he does not plan to remove Federal Reserve Chairman Jerome Powell. The comments came after earlier speculation that Powellโ€™s job was at risk following the Fedโ€™s pause on rate cuts. Japanโ€™s Nikkei 225 rose by 1.9%, reaching 34,875.64 in the afternoon session. …

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