{"id":70529,"date":"2025-06-09T16:55:52","date_gmt":"2025-06-09T06:55:52","guid":{"rendered":"https:\/\/www.icmarkets-vnj.com\/blog\/?p=70529"},"modified":"2025-08-05T18:43:02","modified_gmt":"2025-08-05T08:43:02","slug":"monday-9th-june-2025-asian-markets-rise-on-trade-hopes-and-china-data","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/monday-9th-june-2025-asian-markets-rise-on-trade-hopes-and-china-data\/","title":{"rendered":"Monday 9th June 2025: Asian Markets Rise on Trade Hopes and China Data"},"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 0.88%, Shanghai Composite up 0.38%, Hang Seng up 1.14% ASX down 0.28%<\/li>\n\n\n\n<li>Commodities : Gold at $3342.35 (-0.19%), Silver at $36.38 (0.69%), Brent Oil at $66.28 (-0.29%), WTI Oil at $64.68 (-0.19%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.499, UK 10-year yield at 4.6410, Germany 10-year yield at 2.5610<\/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) Employment Change 8.8K&nbsp; to -11.9K expected<\/li>\n\n\n\n<li>(CAD) Unemployment Rate 7.0%&nbsp; to 7.0% expected<\/li>\n\n\n\n<li>(USD) Non-Farm Employment Change 139K&nbsp; to 126K expected<\/li>\n\n\n\n<li>(USD) Unemployment Rate 4.2%&nbsp; to 4.2% expected<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p>Asian markets climbed on Monday as investors awaited trade talks between the U.S. and China and reacted to the latest economic data from Beijing. Easing trade tensions boosted sentiment, with China reportedly granting temporary licenses for rare earth exports and Boeing resuming commercial jet deliveries to the country. Despite this, China\u2019s export growth in May fell short of expectations, particularly due to a sharp drop in shipments to the U.S.<\/p>\n\n\n\n<p>Inflation data showed China\u2019s consumer prices dropped 0.1% year-on-year in May, a smaller decline than the 0.2% forecast, while the producer price index fell 3.3%, slightly more than expected. These figures highlighted continued deflationary pressure in the world\u2019s second-largest economy. Meanwhile, revised estimates for Japan&#8217;s GDP showed a smaller contraction of 0.2% annualized in the January-March quarter, improving from an earlier reading of 0.7%.<\/p>\n\n\n\n<p>In equities, China\u2019s CSI 300 gained 0.18%, Hong Kong\u2019s Hang Seng Index advanced 1.01%, and the Hang Seng Tech Index jumped 2.3%. Japan\u2019s Nikkei 225 rose 0.99%, while the Topix gained 0.58%. South Korea\u2019s Kospi climbed 1.51%, and the Kosdaq rose 1.03%. India\u2019s Nifty 50 added 0.46%, and the BSE Sensex was up 0.4%. Australian markets remained closed for a public holiday.<\/p>\n\n\n\n<p>U.S. equity futures slipped during Asian trading hours, following a strong performance on Wall Street last Friday. The Dow Jones rose 443.13 points (1.05%) to 42,762.87, while the S&amp;P 500 closed above 6,000 for the first time since February at 6,000.36. The Nasdaq Composite surged 1.20% to finish at 19,529.95, fueled by non-farm payroll data showing 139,000 jobs added in May\u2014exceeding forecasts, though slightly lower than April\u2019s revised 147,000.<\/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>02:00 PM GMT &#8211; USD Final Wholesale Inventories m\/m<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asian markets climbed on [&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-70529","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\/70529","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=70529"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/70529\/revisions"}],"predecessor-version":[{"id":70534,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/70529\/revisions\/70534"}],"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=70529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=70529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=70529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}