Stocks in Asia are set to trend higher after Federal Reserve Chair Jerome Powell calmed market fears at the end of last week by saying the US economy is fine and there was no hurry to adjust monetary policy.
Global markets experienced volatility due to concerns that tariffs and government actions could harm the U.S. economy, leading to a sell-off in American stocks and increased demand for safe-haven assets. Analysts are tempering bullish outlooks, citing trade policy uncertainty and potential economic slowdown.