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Asia market opens: Nikkei, Hang Seng dip after Powell fears trigger Wall Street sell-off
- Asian stocks dipped after Trump's Powell criticism triggered a US selloff.
- Fears over Fed independence intensified amid Trump's pressure and firing talk.
- Analysts warned firing Powell could spark huge volatility and US asset flight.
Asian stock markets edged lower at Thursday’s open, snapping a multi-day winning streak as investor anxieties flared following pointed criticism of Federal Reserve Chair Jerome Powell by President Donald Trump, which ignited concerns over the central bank’s independence and triggered a sell-off in US assets overnight. Trump’s Fed criticism roils sentiment A regional equity gauge […]
April 22, 2025
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