Asian stocks advance on Trump’s tariff signals

Markets gripped by anxiety about the economic impact of an all-out trade war got relief from signs the coming wave of US tariffs is shaping up as more focused than the barrage Trump has occasionally threatened. The president twice on Monday signaled trading partners would receive possible exemptions or reductions.

US treasuries dip as tariff targets seem to change

US 10-year Treasuries have traded in a fairly narrow range through March after the yield retreated from the year’s high of about 4.80% in mid-January. Trump’s tariff and trade-war threats sparked fears of a recession, pushing investors out of stocks and into the safety of bonds.

Rupee on a roll, clocks strongest close in 2025

The Indian rupee surged to 85.63 per dollar, erasing 2025 losses amid strong foreign inflows and exporter dollar sales. The currency gained 2.1% in March, outperforming Asian peers. Foreign portfolio investors bought $1.3 billion in stocks and bonds, supporting the rupee’s appreciation.

Brokers knock on RBI door for clarity on g-sec retail trading

The Reserve Bank of India (RBI) had announced access to the Negotiated Dealing System-Order Matching (NDS-OM) platform for non-bank brokers with an aim to boost retail participation in the trading of government securities during its February monetary policy.