Asian Markets Decline Amid US Tariff Uncertainty and Economic Data

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Source: Reuters
Asian Markets Decline Amid US Tariff Uncertainty and Economic Data
Photo: Reuters
TL;DR Summary

Asian shares declined following the US's announcement of new tariffs on multiple countries, while investors await US jobs data that could influence the Federal Reserve's interest rate decision. The US imposed tariffs ranging from 10% to 41% on imports from various nations, causing market fluctuations and affecting currencies and commodities. Strong corporate earnings and inflation data further complicated the market outlook, with the US dollar strengthening and bond yields remaining steady.

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