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30 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 traders parse a slew of key economic data in the region. Nikkei is trading higher by 0.07%, while Hang Seng and Shanghai are trading lower by 0.36% and 0.08%, respectively.
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29 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 in positive territory as investors await to see the extent of the impact of U.S. President Donald Trump's tariffs on corporate earnings and economic data expected from Wall Street this week. Nikkei is trading higher by 0.38%, Hang Seng is trading up by 0.64%.
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28 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 await further clarity on trade policies and potential economic support measures. Nikkei is trading higher by 0.63%, while Hang Seng is trading lower by 0.42% and Shanghai Composite is trading down by 0.20%.
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25 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 mostly trade positive on Fed rate cut hopes and Alphabet results. Nikkei and Hang Seng traded higher at 1.46% and 0.69% respectively, whereas Shanghai traded lower at 0.09%.
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24 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 former U.S. President Donald Trump appeared to soften his trade stance against China. Nikkei and Shanghai are trading positive by 0.94% and 0.49%, respectively, while Hang Seng is trading marginally lower by 0.22%.
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23 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 mostly trading in the green in hopes of de-escalation in U.S.-China tensions. Nikkei and Hang Seng are trading positively at 1.59% and 1.67% respectively, whereas Shanghai is trading negatively at 0.11%.
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22 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 mostly trading in negative territory, tracking Wall Street's sell-off after U.S. President Donald Trump doubled down on his pressure campaign on Federal Reserve Chairman Jerome Powell. Shanghai is up by 0.17%, whereas Nikkei and Hang Seng are down by 0.11% and 0.52%, respectively..
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21 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 China held its benchmark lending rates steady. Shanghai is trading higher by 0.53%, while Nikkei is down by 1.01%. The Hong Kong market remains closed due to the Eastern Holiday.
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17 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, showing resilience despite Wall Street's sharp decline following comments from U.S. Federal Reserve Chair Jerome Powell, who warned that ongoing trade tensions may challenge the Fed's dual mandate of managing inflation and sustaining economic growth.
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16 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 the US markets as investors evaluate quarterly earnings amid ongoing concerns over tariffs that continue to dampen sentiment. Nikkei, Hang Seng, and Shanghai are trading lower by 0.63%, 1.71%, and 0.54%, respectively.
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