Asian shares began cautiously following a tech-driven rally in US stocks, while bonds remained steady. Investors are closely monitoring trade war developments, including extended tariff exclusions and potential US-China talks. Japan faces debt market pressures, and Russia-Ukraine talks concluded without a resolution, setting the stage for a prisoner exchange. Market volatility is expected amid trade tensions and geopolitical concerns.
Rate cuts unlikely in near term as inflation stays sticky: Richard Harris
Global market expert Richard Harris anticipates minimal changes to U.S. monetary policy, emphasizing the Fed’s independence. He notes that Big Tech’s recent profitability stems more