Market

Asian Markets Dip Following Wall Street's Decline Amid Trade Policy Concerns

Market Overview

Major stock indexes across the Asia-Pacific region experienced a downturn on Friday, influenced by Wall Street's previous session losses. This decline was primarily attributed to growing apprehensions regarding United States President Donald Trump's trade policies.

Index Performance

Japan's Nikkei 225 saw a significant drop, decreasing by 1.61% at 3:13 am CET. Similarly, Hong Kong's Hang Seng and South Korea's Kospi were not spared, with losses of 0.76% and 0.31% respectively. In mainland China, the market showed mixed signals; the Shanghai Composite remained stable, whereas the Shenzhen Composite dipped by 0.23%. Australia's S&P/ASX 200 also faced a downturn, falling by 1.36%.

Currency Movement

On the currency front, the dollar maintained a steady position against the yen, trading at 147.83800 at 3:18 am CET.