Global stock indices rebound after Trump's positive comments on US-Japan trade talks

From Investing.com: 2025-04-17 01:30:00

Global stock indices plummeted on 16 April, led by technology and semiconductor stocks due to trade uncertainties. US tech giant fell by 3%, erasing previous gains. ASML warned of earnings uncertainty due to US tariffs. Safe-haven currencies like the yen and franc outperformed. Gold hit a record high of $3,343. Trump’s positive comments on US-Japan trade talks boosted Asian markets. Japanese yen weakened by 0.6%. Risk sentiment will rely on earnings and Taiwan Semiconductor’s conference call. AUD/USD may see a bearish reversal, with resistance at 0.6390/6400 and support at 0.6320.



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