Asian Shares Mixed Amid Middle East Tensions

RTTNews | 159 gün önce

(RTTNews) - Asian stocks ended mixed on Wednesday as Middle East tensions escalated, and investors awaited the Federal Reserve's projections for economic growth and inflation against the backdrop of U.S. President Donald Trump's aggressive stance on tariffs.

Israeli airstrikes on Gaza killed over 400, reigniting a conflict that has claimed 48500 Palestinian lives.

Adding to the unease, Russian President Vladimir Putin rejected an immediate and full ceasefire in Ukraine, agreeing only to halt attacks on energy infrastructure for 30 days.

The dollar index was firm as tensions flared over Gaza and Trump's tariffs. Gold held near record highs while oil extended losses after the American Petroleum Institute reported a build in U.S. crude stockpiles.

The euro held close to a five-month high reached in the previous session after Germany's parliament approved plans for a significant increase in defense and infrastructure spending.

China's Shanghai Composite index finished marginally lower at 3,426.43 amid reports that banks are slashing rates on consumer loans to record rates, following efforts by policymakers to stabilize growth and counter U.S. tariffs.

Hong Kong's Hang Seng index ended up 0.12 percent at 24,771.14 after a volatile session. Xpeng shares slumped 5.8 percent after the electric vehicle maker's fourth-quarter results fell short of what analysts had expected. Tech firm Xiaomi rose 1 percent after raising its EV sales target.

Japanese markets ended slightly lower and the yen eased against the dollar as the Bank of Japan left rates steady and signaled concern about the impact of trade tensions on the global economy.

Investors also digested mixed economic readings, with Japan's exports rising for a fifth straight month in February, while machinery orders dropped more than expected in January.

The Nikkei average dropped 0.25 percent to 37,751.88 while the broader Topix index settled 0.45 percent higher at 2,795.96.

Seoul stocks rose notably, driven by big-cap tech and steel shares. The Kospi average rose 0.62 percent to 2,628.62, extending its winning streak to a third straight session on expectations of a recovery in the semiconductor sector.

Australian markets ended lower to snap a three-day winning streak. The benchmark S&P/ASX 200 dipped 0.41 percent to 7,828.30, with utilities and real estate stocks leading losses. The broader All Ordinaries index closed 0.43 percent lower at 8,055.30.

Across the Tasman, New Zealand's benchmark S&P/NZX-50 index slid 0.26 percent to 12,045.93.

U.S. stocks pulled back overnight after a two-day rally. As recession fears rise, encouraging industrial production and housing data helped cap overall losses to some extent.

The tech-heavy Nasdaq Composite fell 1.7 percent, the S&P 500 shed 1.1 percent and the Dow eased 0.6 percent amid concerns over President Trump's on-again-off-again tariff policy.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 32 dakika önce

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 53 dakika önce

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 1s 24 dakika önce

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2s 4 dakika önce

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 2s 32 dakika önce

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2s 34 dakika önce

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2s 49 dakika önce

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 2s 52 dakika önce

EURUSD	1.16286	GBPUSD	1.3453	AUDUSD	0.64722
USDJPY	147.75	USDCAD	1.38579	USDCHF	0.80552