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Asian stock markets presented a mixed picture on Thursday, with Japanese equities climbing to a four-month high while other regional indices stuttered. Investors are navigating a complex landscape of geopolitical, economic, and fiscal uncertainties as they brace for US President Donald Trump’s fast-approaching deadline on tariffs. A fragile ceasefire between Israel and Iran has provided some market relief, but attention is shifting to US policy and its potential impact on global markets.Markets have been somewhat soothed by a ceasefire between Israel and Iran that appears to be holding, for now....

Asian stock markets found a degree of stability on Wednesday, with most regional indices trading steady to slightly higher. A fragile ceasefire between Israel and Iran, announced by US President Donald Trump, appeared to buoy investor sentiment, even as the situation in the Middle East remains tense. This cautious optimism, coupled with lower oil prices, is expected to provide a positive start for Indian benchmarks like the Sensex.A shaky truce between Israel and Iran has, for now, held, offering a respite from the acute geopolitical fears that had previously rattled...

A recent surge in global oil prices, driven by geopolitical tensions in the Middle East, has increased pressure on Asian currencies, with analysts warning of heightened downside risks for the Thai baht, Korean won, and Taiwan dollar. According to a note by Barclays Plc, the upward momentum in oil is beginning to weigh heavily on the region’s largely oil-importing economies.In a report released Tuesday, Barclays’ Fixed Income, Currencies and Commodities (FICC) Research team said that a sharp escalation in the Israel-Iran conflict could worsen the outlook further. Barclays flags downside...

New Delhi , May 24 (ANI): Asian currencies are likely to appreciate against the US dollar in the long term, according to a recent report by Jefferies.AdvertisementThe report highlighted that the gross national savings in emerging Asian countries are significantly higher than those in developed G7 nations, giving Asian economies a strong foundation for currency strength.It said, "The most likely currency bloc to enjoy long-term appreciation against the US dollar remains Asian currencies in what amounts to a reversal of the dynamic triggered by the Asian Crisis nearly 30 years...

Something unusual is happening in global currency markets, and most people aren’t paying attention. This week, the Taiwan dollar surged more than 5% in a single day, recording its biggest jump since 1988. At the same time, Asian banks, exporters, and sovereign funds are increasingly trying to bypass the US dollar in their transactions. It’s not a full-blown crisis, yet, but the message is clear: confidence in the US dollar is slipping, and capital is moving.What used to be a slow drift is now turning into something larger. A big paradigm shift is...

Investor sentiment towards most Asian currencies has turned increasingly positive, with market participants ramping up bullish positions as the US dollar continues to grapple with pressure stemming from uncertainty surrounding President Donald Trump’s trade policies, a Reuters poll revealed Thursday.The fortnightly survey, encompassing the views of 10 analysts and fund managers, showed a clear trend towards increased optimism for regional currencies. Respondents significantly increased their long positions – bets that the currency will appreciate against the US dollar – on the Singapore dollar, the Indian rupee, the Thai baht, and...

The US dollar has been the anchor of the global financial system for decades now. But in recent weeks, market behaviour has started to tell a different story. As President Donald Trump continues to double down on tariffs and policy threats, capital is beginning to move elsewhere. What used to be as the safe haven currency is now treated as a liability. And while investors are losing their confidence in the dollar, the euro is moving in the opposite way. You don’t usually see that outside of wars or financial crises. But now,...

MUMBAI: The Indian rupee (INR) jumped to its highest level in over three weeks on Tuesday, boosted by likely US Dollar (USD) inflows and persistent weakness in the greenback, which teetered near a five-month low against major peer currencies. The rupee rose to a peak of 86.54 against the US dollar, its highest since February 21, before closing at 86.57, up over 0.2% on the day. At least three large foreign banks sold dollars, helping lift the rupee, a trader at a mid-sized private bank said. Bids by state-run banks,...