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29 Jul 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 low as investors await the outcome of the ongoing U.S.-China trade talks and the U.S. Federal Reserve meeting, due to be held on Wednesday, regarding a potential interest rate cut. The Nikkei, Hang Seng, and Shanghai Composite are trading down by 0.78%, 0.91%, and 0.03%
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28 Jul 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 await more details of the trade talks between the U.S. and China, which are set to kick off in Stockholm later in the day. Nikkei is trading down by 0.75%, while Hang Seng and Shanghai Composite are trading up by 0.70% and 0.30%, respectively.
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25 Jul 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 investors weigh recent trade developments. Nikkei, Hang Seng, and Shanghai were down by 0.53%, 0.75%, and 0.29%, respectively.
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24 Jul 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 positively on continued optimism from latest trade developments between the U.S. and Japan, as well as positive signs for a deal with the European Union. Nikkei, Hang Seng and Shanghai were up by 1.91%, 0.44%, and 0.29%, respectively.
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23 Jul 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 positively after US President Trump announced a U.S.-Japan Trade deal levying 15% tariffs on Japan and an expected investment of $550 Bn by Japan in the U.S. Nikkei, Hang Seng and Shanghai were up by 3.10%, 0.58%, and 0.23%, respectively.
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22 Jul 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 after the Japanese ruling coalition lost its majority in the upper house, and as investors assess the resilience of corporate earnings on Wall Street amid tariff threats. Nikkei is up by 0.17%, whereas Hang Seng and Shanghai are down by 0.27% and 0.28%, respectively.
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21 Jul 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 after China kept key lending rates steady. Nikkei is down by 0.21%, whereas Hang Seng and Shanghai are up by 0.51% and 0.48%, respectively.
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18 Jul 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 after Wall Street gains on the back of strong U.S. economic data reports and a slew of better-than-expected corporate earnings. Nikkei is down by 0.3%, whereas Hang Seng and Shanghai are up by 1.08% and 0.23%, respectively.
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17 Jul 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 with investors assessing the fall in Japan's exports for the second consecutive month, as well as U.S. President Donald Trump's denial of his intent to fire Jerome Powell as Federal Reserve Chairman.
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16 Jul 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 positively as U.S. President Donald Trump said that he had struck a preliminary trade agreement with Indonesia, which will impose a 19% tariff on the country's exports to the U.S. Nikkei, Hang Seng, and Shanghai are up by 0.04%, 1.08% and 0.14%, respectively.
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15 Jul 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 positively as investors appear to look past U.S. President Donald Trump's on-again-off-again tariffs and await a slew of economic data releases out of China. Nikkei, Hang Seng, and Shanghai are up by 0.29%, 1.2% and 0.07%, respectively.
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14 Jul 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 assess the impact of U.S. President Donald Trump's 30% tariffs on the European Union and Mexico that were imposed over the weekend. Nikkei is down 0.42%, while Hang Seng and Shanghai Composite are up 0.1% and 0.35%, respectively.
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11 Jul 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 after U.S. President Donald Trump announced 35% tariffs on Canada starting 1st August. He also signalled plans to impose blanket tariffs of 15% or 20% on most trade partners. The Nikkei slipped 0.06%, while Hang Seng and Shanghai Composite rose 1.41% and 0.64%.
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10 Jul 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 after the U.S. President ruled out a deadline extension on tariffs set to kick off on 1st August. Nikkei and Hang Seng are down 0.53% and 0.06%, respectively, while the Shanghai Composite is up 0.22%.
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09 Jul 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 after the U.S. President ruled out a deadline extension on tariffs set to kick off on 1st August. Hang Seng is down 0.79%, while Nikkei and Shanghai Composite are up 0.02% and 0.22%, respectively.
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08 Jul 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 rise as investors assess Trump's steep tariffs. Nikkei, Hang Seng, and Shanghai Composite are up 0.08%, 0.34%, and 0.20%, respectively.
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07 Jul 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 low, after U.S. President Donald Trump confirmed that reciprocal tariffs, first announced in Apr'25, will take effect on 1st August for countries that haven't struck a deal. Nikkei, Hang Seng, and Shanghai Composite are down 0.56%, 0.47%, and 0.20%, respectively. ..
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04 Jul 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 gains on Wall Street, as a stronger-than-expected jobs report eased investors' concerns of a slowdown in the U.S. economy. Nikkei and Shanghai are trading higher by 0.09% and 0.05%, respectively, while Hang Seng is trading lower by 1.53%.
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03 Jul 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 investors await details on the U.S.-Vietnam trade agreement announced by President Donald Trump on Wednesday and braced for a key U.S. jobs report that could support potential rate cuts by the Federal Reserve.
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02 Jul 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 assess recent economic data, latest comments from U.S. Federal Reserve Chair Jerome Powell and a slew of central bank rhetoric. Nikkei and Shanghai are trading lower by 1.01% and 0.14%, respectively, while Hang Seng is trading higher by 0.52%.
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