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Rebound in Japan provides some respite for battered markets

April 8, 2025
Source: irishtimes.com irishtimes.com
News Snapshot:
Asian stocks bounced off more than one-year lows and US stock futures pointed up on Tuesday, but many investors remained on edge even as they hoped Washington might be willing to negotiate some of the aggressive tariffs that have unleashed turmoil in markets. A 5.6 per cent rebound in Japan’s Nikkei far outpaced other regional markets, with Treasury Secretary Scott Bessent tasked with leading trade negotiations with Tokyo. “Importantly, a little ray of sunshine is starting to emerge that gives hope that the US is genuinely open to trade negotiations, (with) the most significant being Japan with Treasury Secretary Bessent,”...
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