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Global Market Quick Take: Asia – April 23, 2024
Tech recovery helped US stocks to rebound after heavy losses last week, and focus turns to earnings today with Tesla’s results on tap. Risk sentiment recovered amid lack of an escalation in the Mideast, and commodities and havens pared some of the recent gains. Silver was down 5% and gold slipped over 2.5%, with both testing key supports. Japanese equities opened higher, and momentum in HK stocks also on watch as China supports. USDJPY rose to fresh 34-year highs, with BOJ and intervention risks still on the radar. table Equities: US equity futures pointed slightly lower at the Asia open after a rebound was seen ... (full story)