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03 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 higher as investors look past global trade frictions. The Nikkei, Hang Seng, and Shanghai Composite are up 0.44%, 1.09%, and 0.19%, respectively.
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02 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 lower after President Donald Trump announced plans to double steel tariffs to 50%, effective from Wednesday. Nikkei is trading lower by 1.39%, while Hang Seng is down by 2.47%. Shanghai Composite remains closed.
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30 May 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 negatively following inflation fears, along with a slowing US economy and uncertainties surrounding Trump's reciprocal tariffs. Nikkei, Hang Seng, and Shanghai are trading negatively by 1.33%, 1.53%, and 0.58%, respectively.
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29 May 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 the U.S. court blocks Trump's reciprocal' tariffs. Nikkei, Hang Seng, and Shanghai are trading positively by 1.58%, 0.19%, and 0.40%, respectively.
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28 May 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 positively, mirroring the global markets. Nikkei and Shanghai are both trading positively by 0.52% and 0.12% respectively, whereas Hang Seng is trading negatively by 0.26%.
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08 May 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 were trading higher after the US Federal Reserve kept rates unchanged. The Nikkei, Hang Seng, and Shanghai indices rose by 0.22%, 0.66%, and 0.20%, respectively.
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07 May 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 Were trading mixed as China announced plans to cut interest rates. The Hang Seng and Shanghai were up 1.59% and 0.58%, respectively, while the Nikkei was down 0.10%.
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06 May 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 assessed trade developments between the U.S. and countries in the Asia-Pacific region. The Hang Seng and Shanghai were up 0.56% and 0.64%, respectively. Japan markets remained closed for the public holiday.
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05 May 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 China, Japan, and Hong Kong markets remained closed due to public holidays.
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02 May 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 said that it was evaluating possible trade talks with the U.S. Nikkei and Hang Seng are trading higher by 0.50% and 1.34%, respectively, while the Shanghai Composite is trading lower by 0.23%.
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