Asian Markets Swing As China-US Trade Euphoria Fades

Source: International Business Times

Equities were mixed in Asia as the China-US trade deal rally ran out of steam AFP Asian stocks fluctuated Wednesday, with investors struggling to track a strong day on Wall Street as euphoria over the China-US trade detente petered out. But while the days of breathtaking volatility seen through April appear to be over for now, analysts warned that more work was needed for Washington to reach tariff deals with countries and instill a sense of stability. Data showing US inflation unexpectedly slowed last month provided some cheer, though observers pointed out that the real impact of Donald Trump's "Liberation Day" tolls will not likely be felt until May's readings.