Asian stocks climb as US signals tariff relief and fed stability

Quick Summary:

Asian markets experienced gains following reassurance from President Trump regarding Jerome Powell's position and positive signals on trade from Treasury Secretary Bessent.

US markets rebounded strongly, fueled by corporate earnings and Elon Musk's focus on Tesla, despite IMF's global growth forecast downgrade.

Bond markets stabilized, while crude oil prices and the euro saw increases.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaAustraliaChinaHong KongSouth KoreaPakistanSaudi ArabiaUnited States

Topics: Indian equity benchmarks US-China trade tensions Trump tariff relief BSE Sensex Federal Reserve Chair Jerome Powell Investor confidence Asian stocks rise

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 12:33:52 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1077 words

Reading Time: 6 minutes read

Sentences: 41 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28164464

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 42 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #28

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