Asian Markets Rally as Wall Street Recovers, Tech Earnings in Focus

Asian stocks rise following U.S. market gains, with major tech companies set to report earnings amidst volatile economic forecasts.

Asian share indices mostly climbed, led by gains in Hong Kong and Taiwan, as U.S. markets showed recovery from last week's losses.
Tech giants like Nvidia and Alphabet are expected to announce their quarterly results, influencing market sentiment.
The Japanese yen hit a new 34-year low amid strong U.S. dollar, affecting regional currencies and economic dynamics.
Earnings week is crucial as about 30% of S&P 500 companies, including major tech firms, disclose their first-quarter results.
Federal Reserve's indication of maintaining high interest rates has tempered expectations of rate cuts, influencing market stability.