Asian stocks increase as dollar hits two-year high; investor focus on US rates and Trump's policies - PRESS AI WORLD
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Asian stocks increase as dollar hits two-year high; investor focus on US rates and Trump's policies

Credited from: REUTERS

  • Asian stocks saw a slight rise on Friday, bouncing back from a slow start to 2025, but the MSCI's index is still expected to close almost 1% lower for the week.
  • The dollar reached a two-year high, driven by investor concerns about prolonged high U.S. interest rates and the economic implications of Donald Trump's upcoming presidency.
  • China's stock market remains stable despite recent fluctuations, with the CSI 300 Index showing minimal gains after experiencing its weakest New Year performance since 2016.
  • Traders are cautious as U.S. economic data indicates healthy labor market conditions, yet rising bond yields are pressuring stock markets amid inflation worries linked to Trump’s policies.
  • In commodity markets, oil prices increased following optimism about China's growth, while gold prices remained steady after a strong year.

Read more at the original article: Reuters


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