The Nikkei 225 Index rallied 2.2% to around 34,980 while the broader Topix Index jumped 2.3% to 2,590 on Wednesday, with Japanese shares hitting a three-week high and tracking a strong rebound on Wall Street. Those moves came as US Treasury Secretary Scott Bessent signaled a potential easing in the US-China trade dispute, calling the current tariff standoff "unsustainable." Later in the day, President Donald Trump reinforced market optimism by confirming he has no plans to remove Federal Reserve Chair Jerome Powell, helping to stabilize sentiment around central bank independence and policy direction. Adding to the upbeat tone, fresh data showed that Japan's private sector returned to growth in April, rebounding from a March slump amid robust services sector growth. Gains were broad-based, led by technology, consumer, and industrial stocks.
source: trading Economi
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The RBA is...
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