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Market Uncertainty Over Tariffs Is Easing, Manulife IM's Franklin Says
Market Uncertainty Over Tariffs Is Easing, Manulife IM's Franklin Says

Yahoo

time29-07-2025

  • Business
  • Yahoo

Market Uncertainty Over Tariffs Is Easing, Manulife IM's Franklin Says

Marc Franklin of Manulife Investment Management says that even though US tariff levels are increasing, "policy uncertainty has actually come down and that's generally constructive for risk appetite." Franklin also tells Bloomberg Television that there's mixed evidence over the extent to which tariffs are inflationary in the medium term. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Bloomberg Daybreak Asia: Markets Slip as Tariff Sentiment Cools
Bloomberg Daybreak Asia: Markets Slip as Tariff Sentiment Cools

Bloomberg

time29-07-2025

  • Business
  • Bloomberg

Bloomberg Daybreak Asia: Markets Slip as Tariff Sentiment Cools

Asian stocks slipped after a flat session on Wall Street, as investors stayed cautious amid a week packed with economic data and corporate earnings. The MSCI Asia-Pacific gauge dropped 0.7%, a third consecutive day of decline. The dollar steadied Tuesday after climbing the most since May in the prior session. The S&P 500 briefly topped 6,400, but closed little changed. Oil held its gain after President Donald Trump pushed for Russia to reach a swift truce with Ukraine or face potential economic penalties. We talk markets with Vance Howard, CEO and Portfolio Manager at Howard Capital Management. Plus - Commerce Secretary Howard Lutnick says a 90-day extension of a trade truce with China was a likely outcome with negotiations between the two countries underway in Stockholm. Lutnick's comments followed the start of a new round of talks between the world's two largest economies - this time in Stockholm, where Chinese Vice Premier He Lifeng and US Treasury Secretary Scott Bessent led the respective delegations. Earlier rounds saw Washington and Beijing agree to reduce tit-for-tat levies and ease export controls on certain technology and rare-earth minerals, easing tensions that had rattled financial markets as Trump moves to enact a sweeping tariff agenda. We get perspective from Marc Franklin, Managing Director & Senior Portfolio Manager, Asset Allocation, Asia at Manulife Investment Management. He speaks with Bloomberg's Shery Ahn and Avril Hong on The Asia Trade.

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