Japanese Yen Rebounds as Trump Flags Currency Weakness 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Fed Unveils Stablecoin Rules Under GENIUS Act 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Trump, Xi Focus on Trade and AI at White House Summit 
Add as a preferred source on Google
Asian stock markets rebounded modestly on Tuesday following sharp losses in the previous session, as a rally in U.S. tech stocks and bargain-hunting lifted investor sentiment. Most major regional indices climbed, even as global trade tensions continued to weigh on markets.
Japan’s Nikkei 225 led gains, surging nearly 7%, with the broader TOPIX also rising over 7%. The rally was driven by a weaker yen and strong performance in tech stocks. Shares of chipmakers Tokyo Electron and Advantest jumped over 10% and 12%, respectively, while SoftBank Group surged more than 12%.
The yen’s decline eased pressure on Japanese exporters, further boosting market confidence. The bounce in U.S. tech stocks overnight also encouraged dip-buyers across Asia after three days of declines.
However, investor caution remained as U.S.-China trade tensions escalated. President Donald Trump threatened an additional 50% tariff on Chinese goods unless Beijing rolls back its recent 34% tariff hike by April 8. China responded with a vow to retaliate, potentially worsening the ongoing trade conflict.
Despite the tension, Chinese stocks rose after several state-owned firms pledged to increase equity investments to stabilize markets. The CSI 300 gained 0.5%, and the Shanghai Composite added 0.7%. The central bank also supported Central Huijin Investment’s move to boost index fund holdings and pledged re-lending support if needed.
Hong Kong’s Hang Seng index bounced back with a 3% rise, recovering from a steep 15% drop in the prior session. Australia’s ASX 200 climbed nearly 2%, and South Korea’s KOSPI rose 1%. India’s Nifty 50 futures pointed to a higher open. In contrast, Singapore’s Straits Times Index fell over 2%, continuing its downward trend.
Overall, Asian markets showed resilience, but volatility remains amid deepening U.S.-China trade tensions.
