{"id":69269,"date":"2025-02-19T17:59:53","date_gmt":"2025-02-19T06:59:53","guid":{"rendered":"https:\/\/www.icmarkets-vni.com\/blog\/?p=69269"},"modified":"2025-08-06T16:04:25","modified_gmt":"2025-08-06T06:04:25","slug":"wednesday-19th-february-2025-asia-pacific-markets-mixed-as-u-s-tariff-plans-weigh-on-sentiment","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/wednesday-19th-february-2025-asia-pacific-markets-mixed-as-u-s-tariff-plans-weigh-on-sentiment\/","title":{"rendered":"Wednesday 19th February 2025: Asia-Pacific Markets Mixed as U.S. Tariff Plans Weigh on Sentiment"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Global Markets:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;Asian Stock Markets : Nikkei down 0.34%, Shanghai Composite up 0.65%, Hang Seng down 0.33% ASX down 0.76%<\/li>\n\n\n\n<li>Commodities : Gold at $2952.35 (0.13%), Silver at $33.35 (0.28%), Brent Oil at $76.4 (0.2%), WTI Oil at $72.7 (0.3%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.547, UK 10-year yield at 4.5575, Germany 10-year yield at 2.490<\/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; 0.1% to 0.1% expected<\/li>\n\n\n\n<li>(CAD) Median CPI y\/y&nbsp; 2.7% to 2.5% expected<\/li>\n\n\n\n<li>(CAD) Trimed CPI y\/y&nbsp; 2.7% to 2.6%expected<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p><br \/>Asia-Pacific stocks showed mixed performance on Wednesday after U.S. President Donald Trump proposed 25% tariffs on autos, semiconductors, and pharmaceutical imports. Japan\u2019s Nikkei 225 dropped 0.38%, while the Topix index fell 0.31% as the country reported a two-year high trade deficit. However, business sentiment among Japanese manufacturers improved for the second consecutive month, with the Reuters Tankan index rising to 3 from 2 in January.<\/p>\n\n\n\n<p>In South Korea, the Kospi surged 1.83%, and the small-cap Kosdaq gained 0.62%. Mainland China\u2019s CSI 300 rose 0.42% in volatile trading, while Hong Kong\u2019s Hang Seng declined 0.33%. Indian markets rebounded, with the Nifty 50 up 0.21% and the BSE Sensex climbing 0.38%. Meanwhile, Australia\u2019s S&amp;P\/ASX 200 dropped 0.73% to 8,419.20 after the central bank cut interest rates by 25 basis points to 4.10%, marking its first reduction since November 2020.<\/p>\n\n\n\n<p>New Zealand\u2019s central bank cut interest rates by 50 basis points to 3.75% in line with expectations, marking its fourth consecutive cut amid slowing economic growth. Following the decision, the New Zealand dollar weakened 0.33% to 0.5719 against the U.S. dollar.<\/p>\n\n\n\n<p>In the U.S., all three major indexes closed higher. The S&amp;P 500 gained 0.24% to a record 6,129.58 after briefly touching 6,129.63. The Nasdaq Composite inched up 0.07% to 20,041.26, while the Dow Jones Industrial Average added 10 points to close at 44,556.34. The energy sector led the S&amp;P 500 with a 1.9% gain, and tech stocks also advanced.<br \/><\/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; USD Housing Starts<\/li>\n\n\n\n<li>01:30 PM GMT &#8211; USD Building Permits<\/li>\n\n\n\n<li>07:00 PM GMT &#8211; USD FOMC Meeting Minutes<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific stocks 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-69269","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\/69269","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=69269"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/69269\/revisions"}],"predecessor-version":[{"id":69276,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/69269\/revisions\/69276"}],"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=69269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=69269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=69269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}