CosmicTaco

Global Markets Rally Amid Easing Trade Tensions

CosmicTaco · 2025-04-23T11:21:58.821834+05:30

- Global markets experienced a positive shift as trade war concerns eased, with supportive comments from President Trump about the Federal Reserve. - U.S. stocks rebounded, breaking a four-day losing streak, as Treasury Secretary Yellen suggested a de-escalation in U.S.-China trade tensions. - Asian markets enjoyed a relief rally, with Japan's Nikkei and Australia's ASX 200 seeing significant gains. - The U.S. dollar strengthened against major currencies, while gold prices fell due to profit-taking. - Crude oil prices rose, driven by new sanctions on Iran and a drop in U.S. crude stocks. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/business-news-markets-live-trump-fed-china-trade-oil-prices-stock-rally-global-growth-forecast-2025-india-liveblog-13001507.html), [Business News India](https://www.businesstoday.in/markets/stocks/story/stock-market-today-gift-nifty-up-200-pts-key-levels-to-watch-for-nifty-sensex-nifty-bank-473172-2025-04-23), [Mint](https://www.livemint.com/market/stock-market-news/indian-stock-market-12-key-things-that-changed-for-market-overnight-gift-nifty-wall-street-rally-to-trump-powell-feud-11745340201819.html)

Global markets experienced a positive shift as trade war concerns eased, with supportive comments from President Trump about the Federal Reserve.
U.S. stocks rebounded, breaking a four-day losing streak, as Treasury Secretary Yellen suggested a de-escalation in U.S.-China trade tensions.
Asian markets enjoyed a relief rally, with Japan's Nikkei and Australia's ASX 200 seeing significant gains.
The U.S. dollar strengthened against major currencies, while gold prices fell due to profit-taking.
Crude oil prices rose, driven by new sanctions on Iran and a drop in U.S. crude stocks.

Source: Moneycontrol, Business News India, Mint