{"id":69580,"date":"2025-03-17T17:40:43","date_gmt":"2025-03-17T06:40:43","guid":{"rendered":"https:\/\/www.icmarkets-vni.com\/blog\/?p=69580"},"modified":"2025-08-06T15:16:30","modified_gmt":"2025-08-06T05:16:30","slug":"monday-17th-march-2025-asia-pacific-markets-climb-as-china-unveils-economic-boost-plan","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/monday-17th-march-2025-asia-pacific-markets-climb-as-china-unveils-economic-boost-plan\/","title":{"rendered":"Monday 17th March 2025: Asia-Pacific Markets Climb as China Unveils Economic Boost Plan"},"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 1.25%, Shanghai Composite up 0.16%, Hang Seng up 1.08% ASX up 0.83%<\/li>\n\n\n\n<li>Commodities : Gold at $2992.35 (0.20%), Silver at $34.25 (-0.68%), Brent Oil at $71.15 (0.65%), WTI Oil at $67.41 (0.74%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.309, UK 10-year yield at 4.6700, Germany 10-year yield at 2.8730<\/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>(USD) Prelim UoM Consumer Sentiment 57.9&nbsp; to 63.1 expected<\/li>\n\n\n\n<li>(USD) Prelim UoM Inflation Expectations 4.9%&nbsp; to 4.3% expected<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p>Asia-Pacific markets mostly climbed on Monday as investors closely monitored Chinese equities. Mainland China\u2019s CSI 300 slipped 0.11% in volatile trade, while Hong Kong\u2019s Hang Seng Index jumped 1.32%. On Sunday, China\u2019s government introduced a \u201cSpecial Action Plan to Boost Consumption,\u201d aiming to increase incomes and revive spending. Other initiatives include stabilizing the stock and real estate markets and encouraging a higher birth rate.<\/p>\n\n\n\n<p>China\u2019s retail sales grew 4.0% year-on-year for January-February, aligning with Reuters estimates and exceeding December\u2019s 3.7% growth. Urban investment also surpassed expectations, rising 4.1% compared to a projected 3.6%. In Japan, the Nikkei 225 gained 1.34%, while the Topix index rose 1.46%. South Korea\u2019s Kospi index advanced 1.70%, and the Kosdaq added 0.52%. India\u2019s Nifty 50 opened 0.71% higher, with the BSE Sensex up 0.47%. Meanwhile, Australia\u2019s S&amp;P\/ASX 200 climbed 0.67% in late trade.<\/p>\n\n\n\n<p>U.S. futures slipped Sunday after markets closed lower last week, weighed by renewed tariff threats from Trump. However, Wall Street saw a strong rebound Friday. The Dow Jones Industrial Average surged 674.62 points (1.65%) to 41,488.19. The S&amp;P 500 jumped 2.13% to 5,638.94, and the Nasdaq Composite soared 2.61% to 17,754.09, marking their best trading day of 2025.<\/p>\n\n\n\n<p>Big tech stocks recovered sharply. Nvidia surged over 5%, Tesla rose nearly 4%, and Meta gained close to 3%. Amazon and Apple also advanced, signaling renewed investor confidence in the sector.<\/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>12:30 PM GMT &#8211; USD Core Retail Sales m\/m<\/li>\n\n\n\n<li>12:30 PM GMT &#8211; USD Retail Sales m\/m<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific markets mostly climbed [&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-69580","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\/69580","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=69580"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/69580\/revisions"}],"predecessor-version":[{"id":69585,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/69580\/revisions\/69585"}],"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=69580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=69580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=69580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}