Asian stock markets showed mixed performance on Tuesday, a day after Donald Trump returned to office as US president. Investor sentiment remained cautious as US President Donald Trump refrained from imposing China-specific tariffs on his first day in office but hinted at potential tariffs on Canada and Mexico by February 1.
Asian stock markets are trading mostly higher on Monday, buoyed by positive cues from Wall Street on Friday and renewed optimism about potential interest rate cuts. However, traders remain cautious ahead of US President-elect Donald Trump’s inauguration,
Yesterday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following President Trump and President Xi’s Friday phone call that took place after Asia markets closed and before the US markets opened.
Asia-Pacific markets were set to open higher Monday, ahead of Donald Trump's inauguration with investors awaiting greater clarity on the policies of the incoming U.S. administration. Australia's S&P/ASX 200 rose 0.2% at the open.
SINGAPORE stocks closed lower on Tuesday (Jan 21), following US President Donald Trump’s second inauguration, even though most markets in the region ended in the black. Read more at The Business Times.
In Asian markets, the Hang Seng Index slipped by 0.01% on Friday morning, giving up China’s GDP-fueled gains. Global uncertainties weighed on investor sentiment ahead of Trump’s inauguration ...
Investors will be looking out for China’s loan prime rate decision. Malaysia is slated to release its trade data for December.
In Japan, the benchmark Nikkei 225 was set to rise, with the futures contract in Chicago up nearly 1%, last trading at 39,235 while its counterpart in Osaka is up 0.59%, last trading at 39,170 against the index's close of 38,902.50.
World shares are higher ahead of the inauguration of U.S. President-elect Donald Trump, while bitcoin surged to a record high
Asian shares are mixed in mostly muted trading, despite anticipation for a market reaction to the inauguration of U.S. President Donald Trump.