Asian stocks saw a slight increase following positive US economic data, boosting global market confidence. Tech stocks were particularly strong, fueled by a positive outlook from Taiwan Semiconductor and strong earnings from Netflix. The yen stabilized amid cooling inflation data, while the dollar weakened after comments suggesting potential interest rate cuts.
Any relief rally in markets likely limited and temporary: David Roche
Global markets are reacting prematurely to geopolitical shifts, according to macro strategist David Roche. He argues that recent oil and equity market moves reflect speculation