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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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07 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 lower as yields on long-term Japanese government bonds surged to levels last seen during the 2008 financial crisis. The Nikkei, Hang Seng, and Shanghai indices declined by 1.69%, 0.86%, and 0.18%, respectively
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06 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 higher as Wall Street rallied overnight following U.S. President Donald Trump's decision to postpone tariffs on certain automakers. The Nikkei, Hang Seng, and Shanghai indices gained 0.82%, 1.83%, and 0.38%, respectively.
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05 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 higher as investors evaluated China's growth and inflation targets, though escalating global trade tensions and U.S. tariffs weighed on sentiment. The Nikkei, Hang Seng, and Shanghai indices gained 0.24%, 2.37%, and 0.12%, respectively.
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04 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 lower following a sell-off on Wall Street after U.S. President Donald Trump reaffirmed that tariffs on Mexico and Canada would proceed as planned. The Nikkei, Hang Seng, and Shanghai indices declined by 2.15%, 1.21%, and 0.16%, respectively.
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03 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 advanced as investors reacted positively to stronger-than-expected Chinese PMI data while awaiting further clarity on U.S. President Donald Trump's tariff plans. The Nikkei, Hang Seng, and Shanghai indices gained 1.11%, 1.44%, and 0.48%, respectively.
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28 Feb 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 Wall Street's decline after fresh tariff threats from U.S. President Donald Trump. Nikkei, Hang Seng, and Shanghai are down by 2.96%, 1.65%, and 0.58%, respectively.
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27 Feb 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, mirroring Wall Street's performance after U.S. consumer confidence data came in weaker than expected. The Nikkei is marginally higher by 0.04%, while the Hang Seng and Shanghai Composite are down 0.26% and 0.29%, respectively.
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25 Feb 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, tracking Wall Street's decline as renewed tariff concerns under the Trump administration fuel a risk-off sentiment. Investors are also assessing the Bank of Korea's rate decision. The Nikkei, Hang Seng, and Shanghai Composite are down 0.95%, 1.86%, and 0.53%.
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24 Feb 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, reflecting Wall Street's subdued session following lacklustre U.S. economic data that signalled a slowing economy and persistent inflation. Hang Seng is trading higher by 0.46%, while Shanghai Composite is marginally lower by 0.04%. Japanese markets remain closed.
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