The Hang Seng index turned losses from last week, with 5.62%. Investors wiped the tariff increases of President Trump aside in favor of the stimulus efforts of Beijing.
The Hang Seng maineland -Properties -Index extended its profit compared to the previous week, with an increase of 5.25%, while the Hang Seng Technologies -index rose by 8.43%. Alibaba (9988) and Baidu (9888) in particular achieved weekly profit of 9.80% and 8.74% respectively.
Chinese stock markets on the mainland also climbed higher in the week ending on March 7. The CSI 300 and Shanghai Composite Index went with 1.39% and 1.56% respectively. However, the profits were more modest as the concern of the trade war kept.
Brian Tycangco, editor and analyst at Stansberry Research, summarized the developments of the week:
“China is ‘upwards’. Production PMI expansion. Services PMI is expanding. Monetary stock at Ath. Stabilization of real estate. HSI in a 3 year high.”
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Raw materials: Gold goes forward as a slide of iron ore and crude oil
Commodity markets had a mixed week, influenced by risk toddlers and dynamics for the offer of the offer:
- Gold went up with 1.83% in the week that ended on March 7 and closed $ 2,910. Expectations of a more Dovish Fed and recession fears caused prices higher.
- The IJzerert prices fell by 2.14% after the 5.41% slide of the last week in the midst of tariff uncertainty and question points.
- Crude oil fell by 4.24% to $ 66.635 after OPEC+ had announced that stock is increasing while American stocks rose.
ASX 200 reflects the American market that is set up
The ASX 200 fell by 2.74% in the week that ended on March 7, which marked his third consecutive weekly loss. Rate, weak American data and raw material prices dragged the index to the red. Banking, oil and technical shares led the losses.
- The S&P/ASX All Technology Index fell by 2.12%.
- Woodside Energy Group (WDS) tumbled 9.20%.
- Commonwealth Bank of Australia (MKBA) led the losses of the banking sector and pushed 5.26%.
Nikkei -Index drops at the rate of misery and yen strength
The Nikkei index ended the week with 1.94%. A stronger Japanese yen put under pressure Japanese shares, while the USD/JPY slipped by 1.71% to end the week at 148,033, reducing the overseas income from Japanese companies.
- Tokyo Electron (8035) and Softbank Group (9984) fell by 4.56% and 3.87% respectively.
- Sony Group Corp. (6758) Fell by 4.55%.
- In the meantime, Nissan Motor Co. (7201) with 2.19% on the tariff exemption from Trump for certain car manufacturers.
Market front views: Important events to view
The coming week can be crucial for the Asian markets. Economic data, by the central bank disruptions and rate developments will be points for attention. Important events include:
- American rates: Trump’s shifting attitude remains an important risk factor for the global markets. Further policy shifts will influence the sentiment of investors.
- Beijing Stimulus: Additional incentive measures from China could compensate for the negative impact of American rates, in particular in the aftermath of the National People’s Congress.
- Bank of Japan Policy Stance and USD/JPY Trends: The negotiations for spring wages (shunto), important economic indicators and boj chatter can influence the USD/JPY trends and Japanese shares. The rising Japanese government bond (JGB) yields can increase the threat of a yen -behavioral gods -which influences risk assets.
With constant economic uncertainty and volatile market conditions, traders must follow the macro -economic trends and policy shifts here closely to effectively navigate risks.