Asian shares fell sharply, with Japan’s Nikkei 225 down 2.9% and Hong Kong’s Hang Seng index dropping 3.4%, amid concerns over U.S. tariffs on imports from Mexico, Canada, and China. The S&P 500 also declined 1.6%, reflecting investor anxiety about the economic outlook and rising inflation. Meanwhile, the U.S. dollar strengthened against the Japanese yen, reaching 150.03.
about Asian Markets Decline Amid Tariff Concerns and Economic UncertaintyEugene Hoshiko
0 posts last weekGlobal Shares Rise as US Federal Reserve Holds Interest Rates Steady
Global shares mostly rose as the U.S. Federal Reserve decided to maintain interest rates, signaling stability in the economy. Japan’s Nikkei 225 increased by 0.3%, while European markets also saw gains. However, some Asian markets remained closed for the Lunar New Year holiday. In corporate news, SoftBank Group’s stock fell 1.1% amid investment talks with OpenAI, while Nissan Motor’s shares rose 1.4% after announcing production cuts in the U.S. Energy prices saw slight declines, with U.S. crude at $72.44 a barrel.
about Global Shares Rise as US Federal Reserve Holds Interest Rates SteadyAsian Stocks Mixed Ahead of Key US Inflation Data Release
Asian stocks showed mixed results as investors awaited key U.S. inflation data that could impact Federal Reserve rate cuts. Japan’s Nikkei rose 0.1%, while South Korea’s Kospi gained 0.2% amid political turmoil. In the U.S., the S&P 500 edged up 0.1%, driven by lower-than-expected wholesale inflation, although concerns over rising Treasury yields and disappointing earnings from major companies like Eli Lilly weighed on market sentiment.
about Asian Stocks Mixed Ahead of Key US Inflation Data ReleaseGlobal Markets Rise as Chinese Shares Gain Amid Economic Support Pledge
Global markets showed mixed results, with European indices rising while Japan’s Nikkei 225 fell 1.8% after a holiday. Chinese shares surged following a pledge from regulators to stabilize the market, contributing to gains in Hong Kong and Shanghai. U.S. stocks faced pressure as traders reassess expectations for Federal Reserve interest rate cuts amid persistent inflation.
about Global Markets Rise as Chinese Shares Gain Amid Economic Support Pledge