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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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03 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 lower, as investors await details on the U.S.-Vietnam trade agreement announced by President Donald Trump on Wednesday and braced for a key U.S. jobs report that could support potential rate cuts by the Federal Reserve.
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