Markets in Asia were set to trade cautiously at the open on Thursday amid a spate of geopolitical concerns ranging from U.S.-China trade to escalating tension between India and Pakistan. Meanwhile, U.S. President Donald Trump and North Korean leader Kim Jong Un are set to continue the second day of their summit in Vietnam on Thursday.
Stocks stateside touched their lows in the Wednesday session as U.S. Trade Representative Robert Lighthizer hinted that a trade deal was not yet certain, saying that any agreement would need to be more than just purchases by China. On the geopolitical front, investors watched for developments amid the ongoing escalation in tensions between India and Pakistan, with both sides announcing that they had carried out airstrikes against the other.
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Stocks in Asia set to gain as Trump announces delay in tariff increaseU.S. President Donald Trump announced in a series of posts on Twitter on Sunday evening stateside that America is planning to delay a set of additional tariffs on Chinese goods that were set to be put in place on March 1. Yet that 10% tariffs are still hitting, and no other facts in sight Market is riding up way too much on trade BS, and not other more important factors Cool keep fommenting And this wasn’t already priced in to the absurd stock market rally. Something really fishy is going on, the market manipulation will come out eventually and trump will claim no ties to it just like no ties to Russia. Plunge protection team...
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Asia stocks set to gain following Fed Chair Powell's commentsU.S. Federal Reserve Chairman Jerome Powell delivered his testimony to a U.S. Senate committee on Tuesday, where he noted the U.S. economic outlook was 'generally favorable' but warned of headwinds from overseas. maga! About no rush HOORAY
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Asia stocks poised to slip as investors digest Fed minutesThe U.S. Federal Reserve January meeting minutes showed extensive discussion of market conditions, particularly on the emphasis that Fed actions were having on prices of risky assets like stocks and corporate bonds.
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