Risk assets rally on positive trade talks and Fed Chair Powell confirmation

From Investing.com: 2025-04-23 04:32:00

Stock prices rose as tensions eased, with Trump confirming no plans to remove Fed Chair Powell. Positive trade talk developments with China, Japan, and India boosted market sentiment. Risk assets wiped out early gains with gold trading lower. US index futures rose, European stock indices recovered, and SAP shares surged 9.3%. The dollar gained against the yen and pound, while the euro and pound fell. Economic data releases in Europe and the UK could trigger market volatility. The DAX broke above key resistance levels, eyeing further gains with support at 21602, 21433, 20800, and 20400.



Read more at Investing.com: Risk Assets Rally on Positive Trade Talks and Trump’s Clarification on Fed Chair