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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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01 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 evaluate the gains on Wall Street and consider the global effects of U.S. President Donald Trump's tariff measures, with his 90-day tariff pause set to expire next week. Nikkei and Hang Seng are trading lower by 1.06% and 0.87%, respectively
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30 Jun 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 analyse trade negotiations and various economic data, including South Korea and Japan's industrial output figures for May, as well as China's purchasing managers' index readings for June. Nikkei and Shanghai are trading higher by 1.62% and 0.11%.
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27 Jun 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, tracking Wall Street gains after the White House downplays tariff deadlines. The Nikkei, Hang Seng, and Shanghai are all trading positively by 1.47%, 0.36% and 0.22% respectively.
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26 Jun 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 mostly trading negatively as investors weigh the easing of Middle East tensions. Nikkei is up 1.01%, whereas Hang Seng and Shanghai are down 0.54% and 0.10%, respectively.
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25 Jun 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 Fed comments and the Israel-Iran ceasefire. Nikkei and Hang Seng are up 0.19% and 0.83%, respectively, whereas Shanghai is down 0.02%.
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24 Jun 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 Trump said Israel and Iran agreed to a ceasefire. Nikkei, Hang Seng, and Shanghai are up by 1.33%, 1.66%, and 0.91%, respectively.
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23 Jun 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 plunged as the U.S. bombing of Iran escalated the Middle East crisis. Nikkei, Hang Seng and Shanghai are all down by 0.56%, 0.83%, and 0.31%, respectively.
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20 Jun 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 investors assessed China data and monitored escalating Israel-Iran Tensions. Nikkei and Shanghai were down 0.11% and 0.08%, respectively, while Hang Seng was up 0.68%.
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19 Jun 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 trade lower as investors weighed the US Fed's decision to keep interest rates steady, while the ongoing conflict between Israel and Iran continues to dent sentiment. Nikkei, Hang Seng and Shanghai were down 0.76%, 1.00%, and 0.39% respectively.
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18 Jun 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 trade mixed as escalating tensions between Israel and Iran weigh in on investor sentiments. Nikkei was up 0.60%, while Hang Seng and Shanghai were down 1.32% and 0.44%, respectively.
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