{"id":69672,"date":"2025-03-24T17:14:17","date_gmt":"2025-03-24T06:14:17","guid":{"rendered":"https:\/\/www.icmarkets-vni.com\/blog\/?p=69672"},"modified":"2025-08-06T15:08:31","modified_gmt":"2025-08-06T05:08:31","slug":"monday-24th-march-2025-asia-pacific-markets-cautious-as-u-s-tariff-deadline-approaches","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/monday-24th-march-2025-asia-pacific-markets-cautious-as-u-s-tariff-deadline-approaches\/","title":{"rendered":"Monday 24th March 2025: Asia-Pacific Markets cautious as U.S. Tariff Deadline Approaches"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><br \/><br \/>Global Markets:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;Asian Stock Markets : Nikkei up 0.01%, Shanghai Composite down 0.29%, Hang Seng down 0.02% ASX up 0.07%<\/li>\n\n\n\n<li>Commodities : Gold at $3053.35 (0.60%), Silver at $33.7 (0.68%), Brent Oil at $71.35 (0.5%), WTI Oil at $68.1 (0.54%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.281, UK 10-year yield at 4.7120, Germany 10-year yield at 2.7650<\/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) Core Retail Sales m\/m 0.2%&nbsp; to -0.1% expected<\/li>\n\n\n\n<li>(CAD) Retail Sales m\/m -0.6%&nbsp; to -0.4% 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 traded higher on Monday as investors monitored the looming April 2 tariff deadline set by U.S. President Donald Trump. Australia\u2019s S&amp;P\/ASX 200 dipped slightly by 0.07%. South Korea\u2019s Kospi rose 0.13%, while the small-cap Kosdaq gained 0.74% after the country\u2019s Constitutional Court dismissed the impeachment of Prime Minister Han Duck-soo. Japan\u2019s Nikkei 225 inched up 0.14%, whereas the broader Topix slipped 0.24%. In China, Hong Kong\u2019s Hang Seng Index rose 0.10%, while the mainland CSI 300 remained flat following Premier Li Qiang\u2019s caution over \u201crising instability\u201d and his call for open markets.<\/p>\n\n\n\n<p>Meanwhile, U.S. stock futures pointed to further gains, suggesting a potential continuation of last week\u2019s positive momentum. On Friday, major U.S. stock indexes rebounded after Trump hinted at possible \u201cflexibility\u201d regarding tariffs, though he reaffirmed the April 2 deadline for reciprocal measures. The S&amp;P 500 edged up 0.08% to 5,667.56, breaking a four-week losing streak driven by trade tensions, recession concerns, and a selloff in tech stocks.<\/p>\n\n\n\n<p>The Nasdaq Composite climbed 0.52% to 17,784.05, while the Dow Jones Industrial Average gained 32.03 points, or 0.08%, closing at 41,985.35. Investors remain cautious as trade policies and economic uncertainties continue to shape market movements.<\/p>\n\n\n\n<p>Markets in Asia are reacting to global economic developments, with investors keeping a close eye on trade policies and geopolitical risks. As the tariff deadline nears, volatility could increase across global markets, affecting investor sentiment and future market trends.<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>01:45 PM GMT &#8211; USD Flash Manufacturing PMI<\/li>\n\n\n\n<li>01:45 PM GMT &#8211; USD Flash Services PMI<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific markets mostly traded [&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-69672","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\/69672","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=69672"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/69672\/revisions"}],"predecessor-version":[{"id":69676,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/69672\/revisions\/69676"}],"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=69672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=69672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=69672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}