{"id":70064,"date":"2025-04-24T16:08:11","date_gmt":"2025-04-24T06:08:11","guid":{"rendered":"https:\/\/www.icmarkets-vni.com\/blog\/?p=70064"},"modified":"2025-08-05T20:31:00","modified_gmt":"2025-08-05T10:31:00","slug":"thursday-24th-april-2025-asia-pacific-markets-mixed-as-u-s-china-trade-hopes-boost-global-sentiment","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/thursday-24th-april-2025-asia-pacific-markets-mixed-as-u-s-china-trade-hopes-boost-global-sentiment\/","title":{"rendered":"Thursday 24th April 2025: Asia-Pacific Markets Mixed as U.S.-China Trade Hopes Boost Global Sentiment"},"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 0.58%, Shanghai Composite up 0.19%, Hang Seng down 0.92% ASX up 0.72%<\/li>\n\n\n\n<li>Commodities : Gold at $3344.35 (1.59%), Silver at $33.48 (-0.39%), Brent Oil at $66.08 (0.15%), WTI Oil at $62.30 (0.19%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.357, UK 10-year yield at 4.5555, Germany 10-year yield at 2.4915<\/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) Flash Manufacturing PMI&nbsp; 50.7&nbsp; to 49.0&nbsp; expected<\/li>\n\n\n\n<li>(USD) Flash Services PMI&nbsp; 51.4&nbsp; to 52.8&nbsp; expected<\/li>\n\n\n\n<li>(USD) New Home Sales&nbsp; 724K&nbsp; to 684K&nbsp; expected<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p>Asia-Pacific markets traded mixed on Thursday, following gains on Wall Street amid renewed optimism surrounding U.S.-China trade relations. Hopes of easing trade tensions helped lift investor sentiment across several markets in the region.<\/p>\n\n\n\n<p>Japan\u2019s Nikkei 225 rose over 1%, building on its previous day\u2019s momentum, while the broader Topix index gained 0.81%. In contrast, South Korea\u2019s Kospi slipped 0.47%, and the Kosdaq dipped 0.15%. Meanwhile, Australia\u2019s S&amp;P\/ASX 200 added 0.56%.<\/p>\n\n\n\n<p>However, Hong Kong\u2019s Hang Seng index edged down by 0.29%, and mainland China\u2019s CSI 300 remained flat, reflecting cautious investor sentiment in the region.<\/p>\n\n\n\n<p>Economic data from South Korea showed the country\u2019s GDP shrank by 0.1% in the first quarter of 2025, falling short of the 0.1% growth expected in a Reuters poll. The weaker-than-anticipated performance may weigh on regional confidence moving forward.<\/p>\n\n\n\n<p>In the U.S., futures pointed to a more subdued open following two consecutive days of strong gains. S&amp;P 500 futures were up 0.1%, while Nasdaq 100 futures rose nearly 0.1%. Dow Jones futures declined slightly by 45 points, or 0.1%.<\/p>\n\n\n\n<p>Overnight, Wall Street saw a broad rally. The Dow Jones Industrial Average surged 419.59 points, or 1.07%, to close at 39,606.57. The S&amp;P 500 rose 1.67% to 5,375.86, and the Nasdaq Composite jumped 2.50% to finish at 16,708.05. Investor morale was further boosted after President Donald Trump signaled he would retain Jerome Powell as Federal Reserve Chair, providing additional reassurance to the markets.<\/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 Unemployment Claims<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific markets traded 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-70064","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\/70064","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=70064"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/70064\/revisions"}],"predecessor-version":[{"id":70069,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/70064\/revisions\/70069"}],"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=70064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=70064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=70064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}