From Financial Modeling Prep: 2025-04-24 02:49:00

Markets in Asia were mixed on Thursday due to uncertainty over U.S. tariffs and Federal Reserve leadership. The dollar’s rebound lost steam, leading to caution among investors.

Market Overview:
– MSCI Asia ex-Japan: -0.72%
– Nikkei 225: +0.4%
– Hang Seng: -1.0%
– CSI 300: +0.06%
– U.S. Futures: S&P 500 Futures -0.23%, Nasdaq 100 Futures -0.32%

Policy confusion has affected market sentiment:
– Fed Uncertainty: Trump’s criticism of Fed Chair Powell followed by a retraction has left markets unsure of monetary policy independence.
– Tariff Talk Turmoil: Reports of China tariff cuts were clarified by Treasury Secretary Bessent, causing uncertainty.

Regional Highlights:
– FX & Bond Reaction: Dollar strength and volatile yields show reduced confidence in policy predictability.
– Stay informed with live currency pair updates on the Daily Forex Rates API from Financial Modeling Prep.

What’s Next:
– Watch for Flash PMIs, Durable Goods Orders, and Trade Talks Updates for market direction.
– Brace for choppiness in the markets and monitor trade and central bank signals for navigating this unpredictable environment.



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