Grasp Seng Index and Nikkei 225: Recession Fears Weigh on Threat Sentiment…

Within the bond markets, 10-year US Treasury yields climbed for a fourth straight session, briefly touching a session excessive of four.431 earlier than settling at four.425%.

Peter Schiff, Chief Economist and World Strategist at Europac, commented:

“I’ve by no means seen such a mass selloff of U.S. belongings. The U.S. greenback, bonds, and shares are all getting killed. I can’t bear in mind when the greenback misplaced three.5% towards the Swiss franc in sooner or later. America’s trip on the worldwide gravy practice is about to come back to a screeching halt. Buckle up.”

US Inflation Softens – Can Tariffs Derail Dovish Fed Bets?

On April 10, US inflation pointed to cooling worth pressures. The annual inflation charge dropped to 2.four% in March, down from 2.eight% in February, whereas core inflation eased beneath three%, supporting a extra dovish Fed charge path.

Shane Oliver, Head of Funding Technique and Chief Economist at AMP, famous a slowdown in providers inflation whereas suggesting a pullback in discretionary spending. Whereas the gentle print helps a Fed pause, he warned that tariffs may reignite inflation issues.