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11 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 the sell-off resumed due to worries about the US-China trade war. The Nikkei, Hang Seng, and Shanghai were down 4.89%, 1.06%, and 0.33%, respectively.
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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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