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Asian markets buoyed by potential easing of Trump tariffs, JGB yields rise

share-iconPublished: Tuesday, January 07 share-iconUpdated: Tuesday, January 07 comment-icon2 months ago 19 views
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REUTERS
Asian markets buoyed by potential easing of Trump tariffs, JGB yields rise

Credited from: REUTERS

  • Asian markets are expected to rise on Tuesday following reports that Trump's tariff agenda may be less aggressive than anticipated.
  • While Trump denied the report, the optimism has led to gains in European and U.S. stocks, alongside a weaker dollar against various currencies.
  • The 30-year Treasury yield remains elevated, presently nearing 5.00%, causing caution among investors.
  • In Japan, the 10-year Government Bond yield has surged to its highest level since July 2011, influencing Japanese stock performance.
  • Key data to watch includes Japan's bond auction, China's FX reserves, and inflation figures from Taiwan on Tuesday.

For more details, visit the original news article here.

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Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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