Asian shares experienced an upswing, mirroring Wall Street’s significant rally driven by improved US consumer confidence and a global bond surge. Japan’s stock market led the gains, while Treasury yields stabilized after a sharp decline. Investors are closely watching Nvidia’s earnings and a key Japanese bond auction for market direction amid lingering economic uncertainties.
Volatility ahead, but oil spike from low base not inflationary yet: Sandip Sabharwal
Sandip Sabharwal suggests market reactions indicate a limited impact from the West Asia conflict, viewing corrections as buying opportunities, particularly in domestic sectors like financials