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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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