Daily Summary
Asian markets were volatile amid escalating trade tensions, with Japan’s stock index bouncing back sharply while markets in Thailand and Indonesia suffered significant losses, and U.S. markets showing mixed results due to uncertainty over tariff plans. Meanwhile, the U.S. launched strikes in Yemen as part of a multinational operation against the Houthis, who had been targeting international shipping and launching attacks on Israeli cities, with further warnings issued by President Trump to Iran.
Asian Markets Rebound Amid Ongoing Trade Tensions
Asian stock markets had mixed results on April 8, with Japan’s Nikkei rebounding over 6% while markets in Thailand and Indonesia faced heavy losses amid ongoing U.S.-China trade tensions. Investors continue to watch for any developments in trade negotiations and tariff plans.
U.S. Strikes in Yemen Amid Escalating Houthi Attacks
The U.S. has launched airstrikes in Yemen against the Houthi rebels following a series of maritime attacks linked to the October 7 Hamas assaults, with a broader coalition response and escalating warnings to Iran. The actions form part of Operation Prosperity Guardian, aimed at curbing Houthi actions and stabilizing regional security.