Asia-Pacific Markets React to Trump's Tariff Signals

Asia-Pacific markets displayed a mixed performance on Tuesday, diverging from the gains observed on Wall Street. These gains were largely fueled by anticipations of softer-than-expected tariffs from United States President Donald Trump, sparking hopes across global markets.

Bank of Japan's Optimistic Outlook

Meanwhile, the Bank of Japan (BoJ) released minutes from its January meeting, revealing a growing confidence among board members in achieving the 2% inflation target. This optimism comes at a time when markets are closely monitoring central bank policies for signs of economic recovery.

Market Performances Across Asia

Japan's Nikkei 225 saw an increase of 0.73%, while Australia's S&P/ASX 200 gained 0.46%. In contrast, South Korea's Kospi Composite experienced a slight decline of 0.34%. Significant drops were noted in Hong Kong's Hang Seng by 1.89%, and modest decreases were observed in China's Shanghai Composite and Shenzhen Composite by 0.06% and 0.39%, respectively.

The dollar remained stable against the yen, trading at ¥150.6760.