Today's News Update - 23rd April 2025
Asia
Asian markets were subdued on Tuesday, following Wall Street's decline as President Trump increased pressure on Fed Chairman Powell. Japan’s Nikkei fell 0.17%, while the Topix rose 0.13%. Australia’s S&P/ASX 200 edged down 0.03%, and Hong Kong’s Hang Seng gained 0.78%. Mainland China’s CSI 300 closed flat.
US
Stocks rebounded on Tuesday, driven by hopes that U.S.-China trade tensions could soon ease, helping investors recover from the heavy losses of the prior session.
The Dow Jones Industrial Average jumped 1,016 points, or 2.7%, the S&P 500 gained 2.5%, and the Nasdaq Composite rose 2.7%.
Commodity
Gold prices fell Tuesday after hitting a record, as Trump’s Fed criticism unsettled investors. The metal dropped 0.17% to $3,419.40, while stocks rose on hopes of easing trade tensions.
Oil gained over $1 per barrel, boosted by U.S. sanctions on Iran and stronger equity markets. Brent crude rose $1.18 to $67.44, and U.S. WTI gained $1.23 to $64.31.
The above analysis is only for the views of market researchers and is for reference only and is not Regarded as a specific investment suggestion.
#Forex #trading #tradingforex
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