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Asian Stocks Trade Cautiously Following Trump’s Visa Order as Dollar Holds Steady Ahead of Fed Signals

NextFin news, On Monday, September 22, 2025, Asian stock markets opened with cautious trading amid uncertainty triggered by a new visa order issued by former U.S. President Donald Trump. The order, which affects visa issuance policies, has raised concerns among investors about potential impacts on global labor mobility and economic growth.

Markets in Tokyo, Hong Kong, and Singapore showed subdued gains and losses as traders digested the implications of the visa order. Analysts noted that the move could influence multinational companies relying on international talent, thereby affecting market sentiment.

Simultaneously, the U.S. dollar remained steady against major currencies in early Asian trading hours. Investors are closely watching for signals from the Federal Reserve, expected later this week, regarding interest rate policies and economic outlook. The Fed's guidance is anticipated to influence currency valuations and global financial markets.

Market participants are balancing geopolitical developments with economic data releases, maintaining a cautious stance ahead of key central bank communications. The combination of Trump's visa order and the upcoming Fed signals has contributed to a risk-averse mood in Asian equity markets.

Overall, Monday's trading reflects a wait-and-see approach as investors assess the potential economic and financial impacts of recent policy changes and upcoming monetary decisions.

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