From Investing.com: 2025-04-22 04:29:00

Asian stocks struggled on Tuesday as investors shifted from U.S. assets, weakening Wall Street. Concerns over the Federal Reserve’s independence added pressure to Treasuries. President Trump’s criticism of Fed Chair Powell for not lowering interest rates led to a 2.4% drop in Wall Street and a three-year low for the dollar. Oil prices rose due to Fed worries, impacting risk assets. Trade tensions between the US and China persist, with a high-level Japanese team working to ease tensions. Trump’s tariff campaign is affecting Japanese companies, with European markets cautious ahead of the Eurozone Flash data release. The DAX index is testing the 200-day MA, with a potential death cross forming on the MAs and bearish momentum intact.



Read more at Investing.com: Asian Stocks Slip, US Dollar Weakens Ahead of Eurozone Consumer Confidence Print