{"id":68948,"date":"2025-01-22T17:27:20","date_gmt":"2025-01-22T06:27:20","guid":{"rendered":"https:\/\/www.icmarkets-vni.com\/blog\/?p=68948"},"modified":"2025-08-06T18:39:41","modified_gmt":"2025-08-06T08:39:41","slug":"wednesday-22nd-january-2025-asia-pacific-markets-mixed-as-trump-signals-new-tariffs-on-china","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/wednesday-22nd-january-2025-asia-pacific-markets-mixed-as-trump-signals-new-tariffs-on-china\/","title":{"rendered":"Wednesday 22nd January 2025: Asia-Pacific Markets Mixed as Trump Signals New Tariffs on China"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><br \/>Global Markets:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;Asian Stock Markets : Nikkei up 1.72%, Shanghai Composite down 1.15%, Hang Seng down 1.5% ASX up 0.33%<\/li>\n\n\n\n<li>Commodities : Gold at $2769.35 (0.26%), Silver at $31.5 (0.8%), Brent Oil at $79.29 (-0.19%), WTI Oil at $75.74 (-0.03%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.586, UK 10-year yield at 4.5885, Germany 10-year yield at 2.4770<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">News &amp; Data:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>(CAD) CPI m\/m&nbsp; -0.4% vs -0.7% expected<\/li>\n\n\n\n<li>(CAD) Median CPI m\/m&nbsp; 2.4% vs 2.5% expected<\/li>\n\n\n\n<li>(CAD) Trimmed CPI m\/m&nbsp; 2.5% vs 2.5% expected<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p>Asia-Pacific markets showed mixed performance on Wednesday as Chinese stocks declined following President Donald Trump\u2019s remarks about imposing a 10% tariff on China. Australia\u2019s S&amp;P\/ASX 200 gained 0.26%, while Japan\u2019s Nikkei 225 and Topix rose 1.36% and 0.87%, respectively. South Korea\u2019s Kospi surged 3.67%, and the Kosdaq climbed 0.93%. Several Korean tech stocks rallied, with SK Hynix up 2.52% and LG Electronics rising 2.85%, following reports that Korean firms are considering relocating production from Mexico to the U.S. in response to Trump\u2019s protectionist policies.<\/p>\n\n\n\n<p>Meanwhile, Hong Kong\u2019s Hang Seng index dropped 1.34%, and mainland China\u2019s CSI 300 fell 0.85% after Trump stated that a 10% tariff on China could take effect as early as February 1. In India, the Nifty 50 rebounded 0.28% after hitting its lowest level since June, while the BSE Sensex rose 0.46%. Investors are also focused on Malaysia\u2019s central bank meeting, where the Bank Negara Malaysia is expected to keep its policy rate steady at 3%.<\/p>\n\n\n\n<p>In the U.S., stock markets ended higher as investors interpreted Trump\u2019s trade comments as slightly softer than anticipated. The Dow Jones Industrial Average surged 537.98 points (1.24%) to close at 44,025.81, while the S&amp;P 500 gained 0.88% to finish at 6,049.24. The Nasdaq Composite rose 0.64% to 19,756.78, reflecting investor optimism despite ongoing trade concerns.<\/p>\n\n\n\n<p>Trump also suggested imposing a 25% tariff on Mexico and Canada starting February 1 due to border issues. Additionally, he hinted at potential tariffs on China if the country does not approve a TikTok deal. These developments continue to shape market sentiment and global trade expectations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>01:30 PM GMT &#8211; CAD IPPI m\/m<\/li>\n\n\n\n<li>01:30 PM GMT &#8211; CAD RMPI m\/m<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific markets showed mixed [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":71231,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-68948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"_links":{"self":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/68948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/comments?post=68948"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/68948\/revisions"}],"predecessor-version":[{"id":68953,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/68948\/revisions\/68953"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/media\/71231"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/media?parent=68948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=68948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=68948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}