KBA - Asia markets rebound on Powell's dovish signal, but U.S.-China tensions keep sentiment fragile
2025-10-15 01:52:01 ET
Asia stocks trade higher on Wednesday, recovering from steep losses incurred earlier in the week. This relief rally was primarily driven by dovish comments from Federal Reserve Chair Jerome Powell and positive corporate earnings in the U.S. Investors were comforted by Powell's remarks on Tuesday, where he acknowledged the U.S. economy's "firmer footing" but raised a caution about a "notably softer labor market."...
Asia markets rebound on Powell's dovish signal, but U.S.-China tensions keep sentiment fragile