<h1>US-China Trade Tensions Ease as Markets Respond Positively to Diplomatic Signals and Economic Outlook Improvements</h1> Asian financial markets experienced positive momentum following signals of potential trade war de-escalation and reassurance about the Federal Reserve leadership. Key stock indexes in Japan, Australia, South Korea, and Hong Kong rose between 1.2% and 1.7%. The US Treasury Secretary suggested an expected reduction in trade tensions, while US stocks rallied across major indexes. The International Monetary Fund revised global economic growth forecast downward to 2.8%, reflecting ongoing economic uncertainties.