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Asian Stocks Rise Amid Hopes of Softer Trump Tariffs

share-iconTuesday, January 07 comment-icon2 weeks ago 6 views
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reutersREUTERS
Asian Stocks Rise Amid Hopes of Softer Trump Tariffs

Credited from: REUTERS

  • Asian shares increased on January 7, following positive momentum from Wall Street.
  • Market optimism stemmed from reports that Trump's aides are considering less aggressive tariffs than initially promised.
  • Despite his denial on social media, analysts suggest the situation remains uncertain, maintaining cautious market confidence.
  • The MSCI’s Asia-Pacific index outside Japan showed a mild rise of 0.16%, while Japan’s Nikkei surged 2% due to tech stock gains.
  • Investor sentiment is likely to be affected by upcoming economic data releases, including the U.S. nonfarm payrolls report.

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Gloria Terra

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