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09 Apr 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets traded lower as US President Trump's country-specific tariffs are set to be implemented. The Nikkei, Hang Seng, and Shanghai were down by 2.50%, 1.12%, and 0.09%, respectively.
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08 Apr 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets traded higher after rebounding from the previous session's losses. The Nikkei, Hang Seng, and Shanghai were up by 6.39%, 2.44%, and 0.48%, respectively.
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07 Apr 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets extended sell-offs on Monday due to fears over a global trade war sparked by US President Donald Trump's tariffs. The Nikkei, Hang Seng, and Shanghai were down by 5.84%, 8.98%, and 5.72%, respectively.
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04 Apr 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading lower, mirroring steep losses in US equities. The Nikkei is down 2.52%, while the Hang Seng and Shanghai Composite are shut for a public holiday.
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03 Apr 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading lower as sentiment weakened following U.S. President Donald Trump's imposition of hefty reciprocal tariffs on over 180 countries and territories. Nikkei is down 2.75%, Hang Seng is down 1.81%, and Shanghai Composite is down 0.37%.
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02 Apr 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading mixed as investors brace for U.S. President Donald Trump to roll out fresh tariffs this week. Nikkei is trading lower by 9%, Hang Seng is trading lower by 28%, and Shanghai Composite is trading higher by 23%.
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01 Apr 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading higher after two key Wall Street benchmarks rose as investors awaited clarity on U.S. President Donald Trump's tariff rollout. Nikkei, Hang Seng, and Shanghai Composite are trading higher by 0.59%, 0.44%, and 0.39%, respectively.
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28 Mar 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading lower amidst ongoing concerns over tariffs and growth. Nikkei, Hang Seng, and Shanghai are trading lower by 2.11%, 0.05%, and 0.32%, respectively.
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27 Mar 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading mixed as investors weigh U.S. President Donald Trump's 25% tariffs on auto imports. Nikkei and Shanghai are trading lower by 1.09% and 0.3%, respectively, whereas Hang Seng is trading higher by 0.35%.
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26 Mar 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading higher on expectations that U.S. President Donald Trump's tariffs could be softer than previously expected. Nikkei, Shanghai, and Hang Seng are trading higher by 0.36%, 0.09%, and 0.67%, respectively.
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25 Mar 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading mixed on hopes that U.S. President Donald Trump's tariffs could be softer than expected. Nikkei and Shanghai are trading higher by 0.8% and 0.07%, respectively, while Hang Seng is trading lower by 0.89%.
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24 Mar 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading mixed as concerns mount over U.S. President Donald Trump's April 2 tariff deadline. Nikkei is trading marginally higher by 0.08%, while Hang Seng and Shanghai are trading lower by 0.58% and 0.17%, respectively.
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21 Mar 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading mixed as U.S. economic uncertainties persist. Nikkei is trading positive by 0.42%, while Hang Seng and Shanghai are trading negative by 0.26% and 0.03%, respectively.
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20 Mar 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading negative as China's central bank kept interest rates steady, following the US Federal Reserve's decision to hold benchmark rates unchanged overnight. The Nikkei is closed for a holiday, while the Hang Seng and Shanghai indices are down by 1.08% and 0.27%, respectively.
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19 Mar 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading mixed following losses on Wall Street. Investors are focusing on the Japanese market as the Bank of Japan is set to announce its monetary policy decision later today. The Nikkei is trading higher by 0.52%, while the Hang Seng and Shanghai indices are down by 0.43% and 0.39%
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18 Mar 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading higher as Wall Street rebounded on strong retail sales data. The Nikkei, Hang Seng, and Shanghai indices are up by 1.45%, 1.47%, and 0.07%, respectively.
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17 Mar 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets are trading higher after China outlined a plan to boost consumption. The Nikkei, Hang Seng, and Shanghai indices are up by 1.16%, 0.59%, and 0.11%, respectively.
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13 Mar 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets traded mixed as a softer U.S. inflation report helped Wall Street recover from two days of losses. The Nikkei rose 0.96%, while the Hang Seng and Shanghai indices declined by 0.29% and 0.21%, respectively.
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12 Mar 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets traded mixed as Wall Street extended its decline amid concerns over President Donald Trump's tariff plans and recession fears. The Nikkei increased 0.22%, while the Hang Seng and Shanghai indices slipped 0.27% and 0.15%, respectively.
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10 Mar 2025
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World Economy and Markets
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Axis Direct
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Daily Note
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Asian markets traded mixed following a volatile week in global equities. China's consumer inflation fell below zero for the first time in 13 months, with the consumer price index declining 0.7% in February, compared to a 0.5% gain in January. The Nikkei traded higher by 0.54%.
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