Hang Seng, Nikkei Sink on Trump’s Tariffs; ASX Defies Global Slump – Weekly Recap

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Hang Seng Tech against Nasdaq and Mags – Daily Chart – 290325

In the meantime, mainland markets had a mixed week. The CSI 300 collapsed at 0.01%, while the Shanghai Composite index fell by 0.40%.

Click here for more analysis of the Hang Seng Index and Trends in the world market.

Raw materials: gold stabs, rebounds iron ore

Raw materials achieved solid profit in the midst of rising global uncertainties.

  • Gold set up 2.03%and reached a record high of $ 3,087 before he closed at $ 3,084 for the demand for safe haven.
  • WTI rough oil prices climbed and closed at $ 69.28, while Iron Ore broke a four -week loss line.

ASX 200 is increasing despite global headwind

The ASX 200 raised the wider market trend and rose 0.64%. Winning in banking, gold and mining weigh heavier than the losses of technical shares.

  • Gold sector: Northern Star Resources Ltd. (NST) The week ended 2.31% higher.
  • Banking sector: The Commonwealth Bank of Australia (MKBA) has 3.32%Rally.
  • Mining sector: Rio Tinto Ltd. (Rio) won 2.26%.
  • Tech sector: The S&P/ASX All Technology Index tumbled 3.46%.

Nikkei -Index falls on tariff problems

The Nikkei index fell 1.91% a week. Bank of Japan warn of further tariff increases in the midst of rate policy weighed uncertainties on the Japanese yen question. Despite the fact that USD/JPY increased 0.35% to 149.815, the tariff problems outweigh the currency benefits for exporters.

  • Auto -sector: Nissan Motor Corp. (7201) 6.71%tumbled, while Honda Motor Co. (7267) 7.85%fell. Japan is the second largest exporter from cars to the US.
  • Tech sector: Tokyo Electron (8035) and Softbank Group (9984) fell 3.76% and 0.50% respectively.
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Looking ahead: important events on the radar

Investors will follow the coming economic data, developments in the central bank and trade heads closely. Important events include:

  • American inflation: Markets are likely to respond to the personal income and the expenditure report of Friday and the American market losses.
  • American rates: Auto rates will be in force on 3 April, while Trump could also impose mutual taxes.
  • Beijing Stimulus: Stimulus measures aimed at consumption and domestic demand can reduce the tariff risks.
  • Economic: China PMIs and the American job report.

In the midst of continuous volatility, traders must follow global macro trends and policy shifts to navigate risks. Get in -depth insights into Hang Seng Movers here.

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