Trump's China Visit Signals Trade Thaw—Asian Markets Rally Hard
Asian stocks are on fire today after Trump announced an April trip to China following a productive call with Xi Jinping. The move sparked a broad risk-on rally across the region:
**China & Hong Kong Leading the Charge:** Shanghai Composite jumped 0.87% to 3,870, while Hang Seng surged 0.69% to 25,894. Trump called U.S.-China relations "extremely strong"—music to investors' ears. Alibaba popped 2%+ ahead of earnings.
**Ripple Effects:** Seoul's Kospi gained 0.30% as rate-cut optimism returned. Samsung Electronics +2.7%, Korea Electric Power +6.9%. Tokyo's Nikkei was flat but holding at 48,659. Sydney's ASX 200 edged up 0.14% to 8,537, with gold miners leading.
**The Bigger Picture:** AI enthusiasm + Fed rate-cut bets + easing geopolitical tensions = recipe for risk-asset recovery. Gold hit 1-week highs while oil softened on supply outlook. U.S. markets already priced in the optimism overnight—Nasdaq crushed it with a 2.7% surge.
Key data drops today (retail sales, CPI readings) could test this rally, but the momentum looks real for now.
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Trump's China Visit Signals Trade Thaw—Asian Markets Rally Hard
Asian stocks are on fire today after Trump announced an April trip to China following a productive call with Xi Jinping. The move sparked a broad risk-on rally across the region:
**China & Hong Kong Leading the Charge:**
Shanghai Composite jumped 0.87% to 3,870, while Hang Seng surged 0.69% to 25,894. Trump called U.S.-China relations "extremely strong"—music to investors' ears. Alibaba popped 2%+ ahead of earnings.
**Ripple Effects:**
Seoul's Kospi gained 0.30% as rate-cut optimism returned. Samsung Electronics +2.7%, Korea Electric Power +6.9%. Tokyo's Nikkei was flat but holding at 48,659. Sydney's ASX 200 edged up 0.14% to 8,537, with gold miners leading.
**The Bigger Picture:**
AI enthusiasm + Fed rate-cut bets + easing geopolitical tensions = recipe for risk-asset recovery. Gold hit 1-week highs while oil softened on supply outlook. U.S. markets already priced in the optimism overnight—Nasdaq crushed it with a 2.7% surge.
Key data drops today (retail sales, CPI readings) could test this rally, but the momentum looks real for now.