Asian stocks traded mostly lower on Tuesday as markets digested renewed U.S. political and economic uncertainty. Investor sentiment was shaken by President Donald Trump’s harsh criticism of Federal Reserve Chair Jerome Powell, warning of a potential recession if interest rates aren’t cut. Wall Street tumbled on Monday, dragging Asian equities down, although S&P 500 futures rose 0.6% in early Asian trade on hopes of a rebound.
Caution remained high ahead of key Q1 earnings, with Tesla set to report later in the day. The ongoing U.S.-China trade war also weighed on sentiment, as Beijing warned other nations against trade deals with Washington that could harm China’s interests. The warning followed Trump’s tariff hike on Chinese goods to 145%, prompting China to retaliate with a 125% levy on U.S. imports. China’s CSI 300 and Shanghai Composite remained flat, while Hong Kong’s Hang Seng dropped 0.5%. JD.com and Meituan shares plunged over 6% on signs of intensifying food delivery competition.
Japan’s Nikkei 225 slipped 0.1% as exporters struggled with a seven-month-high yen. Prime Minister Shigeru Ishiba expressed concerns over Trump’s 25% tariffs on foreign cars, which threaten Japan’s automotive sector. Investors also eyed possible rate hikes from the Bank of Japan after March inflation remained elevated.
Australia’s ASX 200 stayed flat ahead of PMI data, while South Korea’s KOSPI saw minor gains before its GDP release. Singapore’s Straits Times Index outperformed, climbing 1.2% as investors sought safety in bank stocks. India’s Nifty 50 futures pointed to further gains after a strong previous session.
Overall, uncertainty surrounding global trade policies and monetary tightening kept Asian markets in a tight trading range.


Asian Stocks Fall as Surging Bond Yields Rattle Markets
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High
Asian Currencies Mixed as Dollar Holds Near Two-Month High
Fed Unveils Stablecoin Rules Under GENIUS Act
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears
US Comfortable With Canada Trade Standoff as Import Bans Loom
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets
Dollar Holds Near Two-Month High as Yen Approaches 160 



