{"id":70385,"date":"2025-05-21T15:55:41","date_gmt":"2025-05-21T05:55:41","guid":{"rendered":"https:\/\/www.icmarkets-vni.com\/blog\/?p=70385"},"modified":"2025-08-05T19:22:50","modified_gmt":"2025-08-05T09:22:50","slug":"wednesday-21st-may-2025-asia-pacific-markets-rise-as-wall-street-rally-pauses","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/wednesday-21st-may-2025-asia-pacific-markets-rise-as-wall-street-rally-pauses\/","title":{"rendered":"Wednesday 21st May 2025: Asia-Pacific Markets Rise as Wall Street Rally Pauses"},"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 down 0.28%, Shanghai Composite up 0.37%, Hang Seng up 0.71% ASX up 0.55%<\/li>\n\n\n\n<li>Commodities : Gold at $3303.35 (0.39%), Silver at $33.28 (0.69%), Brent Oil at $66.58 (1.29%), WTI Oil at $63.06 (1.29%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.506, UK 10-year yield at 4.6980, Germany 10-year yield at 2.5990<\/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 -0.1%&nbsp; to -0.1% 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 Wednesday, following a pause in Wall Street\u2019s recent rally that ended a six-day winning streak. Japan\u2019s Nikkei 225 slipped 0.23% after data showed exports declined for a second consecutive month, partly due to the impact of U.S. President Donald Trump\u2019s broad tariffs.<\/p>\n\n\n\n<p>In contrast, South Korea\u2019s Kospi rose 0.58%, and the smaller Kosdaq gained 0.95%. Australia\u2019s S&amp;P\/ASX 200 advanced 0.43%. Hong Kong\u2019s Hang Seng index opened 0.45% higher, while China\u2019s CSI 300 remained flat.<\/p>\n\n\n\n<p>Investors are also awaiting the Bank of Indonesia\u2019s policy announcement. The bank had cut interest rates in September 2024 and January 2025 but has since maintained a 5.75% rate. According to HSBC, weak economic growth and a depreciating currency may prompt the bank to resume rate cuts. &#8220;Given growth weakness, we believe it\u2019s time to restart the easing cycle in May,&#8221; HSBC economists noted.<\/p>\n\n\n\n<p>Meanwhile, U.S. futures showed little movement. Futures tied to the S&amp;P 500 and Nasdaq 100 each declined 0.2%, while Dow Jones futures slipped by 93 points, or 0.2%.<\/p>\n\n\n\n<p>On Tuesday, U.S. stocks ended lower as a tech-driven rally lost momentum. The S&amp;P 500 dropped 0.39% to 5,940.46, while the Nasdaq Composite fell 0.38% to 19,142.71. The Dow Jones Industrial Average declined 0.27%, or 114.83 points, closing at 42,677.24. Tech stocks, which had led recent gains, were hit hardest. Nvidia slid 0.9%, and losses were also seen in Advanced Micro Devices, Meta Platforms, Apple, and Microsoft.<\/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>02:30 PM GMT &#8211; USD Crude Oil Inventories<\/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-70385","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\/70385","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=70385"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/70385\/revisions"}],"predecessor-version":[{"id":70391,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/70385\/revisions\/70391"}],"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=70385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=70385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=70385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}