Asian Shares Rise in Bangkok as Investors Eye Federal Reserve and Trade Tariffs -

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Asian shares experienced modest gains in Bangkok, mirroring the rise in U.S. stocks, which approached an all-time high. This upward movement was primarily driven by investor attention on Federal Reserve Chair Jerome Powell’s recent testimony to Congress. His remarks have adjusted market expectations about the Fed’s future interest rate decisions.

Meanwhile, oil prices rebounded by more than 1% early Wednesday following a sharp decline of approximately 6% on Tuesday. This recovery is attributed to hopeful signs of easing geopolitical tensions stemming from the conflict in Israel.

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Investor optimism about stable U.S. monetary policies following Powell’s comments.
Potential easing of global trade tariffs.
Positive reactions in major Asian financial centers like Tokyo.

Despite the encouraging developments, investors remain cautious due to ongoing global uncertainties. However, the outlook is somewhat brighter with signs of a more stable economic environment. The policies of the Federal Reserve and the progress in international trade negotiations are expected to continue playing a crucial role in shaping market sentiment.

For further updates, stay tuned to Questiqa USA.