Market

Asia-Pacific Markets Rally as Investors Eye US Trade Policies and Corporate Earnings

Investors Watch US Moves Amid Asia-Pacific Market Gains

Following Wall Street's positive momentum, major stock indices across the Asia-Pacific region experienced an uptick on Friday. This surge came after US President Donald Trump announced a plan for reciprocal tariffs, which has yet to be enforced, keeping investors on their toes regarding US trade policies.

Corporate Earnings in Focus

Investors are also closely monitoring earnings reports from leading regional firms such as Nissan, Honda, Sony, and SoftBank, which were released earlier in the week. These reports are crucial for understanding the current economic landscape and future market directions.

Market Movements Across the Region

Japan's Nikkei 225 saw a slight decline, trading 0.81% lower. In contrast, mainland China's Shanghai and Shenzhen Composites experienced gains, with increases of 0.06% and 0.50%, respectively. Hong Kong's Hang Seng and South Korea's Kospi also saw significant advances, soaring 2.48% and 0.27%, respectively. Meanwhile, Australia's S&P/ASX 200 closed with a modest gain of 0.19%.

The dollar slightly weakened against the yen, trading 0.08% lower at 7:20 am CET, with a selling price of 152.6205.