Stocks bounce in Asia as some US tariffs paused- Apr 14 2025

• Asian stock markets :
• Wall St futures up as US tariffs delayed on some electronics
• Confusion as White House says levies might still come
• Dollar, Treasuries vulnerable to loss of confidence
• Data this week: U.S. retail sales and Chinese gross domestic product,

Source: LSEG, opens new tab – data delayed by at least 15 minutes

Fixed income

Scant sign of any recovery in bonds with 10-year yields at 4.48% , having seen the largest weekly rise in borrowing costs in decades.

Equities

Wall Street share futures rallied in Asia on Monday after the White House exempted smartphones and computers from “reciprocal” U.S. tariffs. After an initial jump, S&P 500 futures pared gains to be up 0.8%, Nasdaq futures rose 1.2%. The S&P 500 rallied 5.7% last week, but was still more than 5% below where it was before the reciprocal tariffs were first announced in early April.