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24 Jan 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, following the Wall Street gains as Trump pushes for a rate cut. Nikkei, Hang Seng, and Shanghai are trading higher by 0.52%, 0.89% and 0.12% respectively.
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23 Jan 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 a slew of regional economic data. Nikkei, Hang Seng, and Shanghai are trading higher by 0.38%, 0.26%, and 1.23%, respectively.
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22 Jan 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 President Donald Trump's comments on imposing a 10% tariff on China. Nikkei traded higher at 1.54%, while Hang Seng and Shanghai traded lower at 1.55% and 1.02%, respectively.
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21 Jan 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 U.S. President Donald Trump's policy direction post-inauguration. The Nikkei and Hang Seng indices are trading higher by 0.16% and 0.63%, respectively, while the Shanghai Composite is down by 0.16%.
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20 Jan 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 ahead of Donald Trump's inauguration, with investors awaiting greater clarity on the policies of the incoming U.S. administration. Nikkei, Hang Seng and Shanghai are trading higher by 1.25%, 1.70% and 0.55% respectively.
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17 Jan 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 on a mixed note followed by the movement in US markets and South Korea's unchanged rates. Nikkei is trading lower by 1.00% while Hang Seng is trading higher by 0.20% and Shanghai Composite is trading higher by 0.22%.
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16 Jan 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 positive after U.S. markets soared on the back of an unexpected decline in core inflation numbers in December and strong bank earnings. Nikkei is trading higher by 0.37%, Hang Seng is trading higher by 1.72% and Shanghai Composite is trading higher by 0.83%.
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15 Jan 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 Market are trading mixed after Wall Street's mixed moves saw investors rotate out of tech stocks. Nikkei is trading higher by 0.39% while Hang Seng is trading lower by 0.21% and Shanghai Composite is trading lower by 0.29%.
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14 Jan 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 a mixed session on Wall Street that saw the Dow soar and the Nasdaq slip as investors rotated out of tech stocks. Nikkei is trading lower by 2.05% while Hang Seng is trading higher by 0.64% and Shanghai Composite is trading higher by 0.89%.
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13 Jan 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 Market are trading negative after U.S. jobs report on Friday dampened investors' hopes for early interest rate cuts by the Federal Reserve. Nikkei is trading lower by 1.05%, Hang Seng is trading lower by 1.41% and Shanghai Composite is trading lower by 0.20%.
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