Asian Stocks Gain for Third Day as US Futures Slip: Markets Wrap

By Investor Empires On Mar 18, 2025

(Bloomberg)-Asian stocks rose for the third day, supported by the progress in Japan and Hong Kong, in an extension of a modern shift towards non-American origins amid the uncertainty that Donald Trump launched.

Most of them read from Bloomberg

Hong Kong stock standards have gained about 2 %, supported by BYD shares in a record after it revealed a new electric cars charging system. Japanese standards increased by more than 1 % after Berkshire Hathaway Inc. Its shares are in the largest commercial role in the country, which confirms the expectations of the long -term growth prospects. American stock futures decreased after the S&P 500 index closed by 0.6 %.

International investors are looking for opportunities elsewhere after American stocks were distinguished to correction earlier this month, with Chinese and Japanese stocks among the beneficiaries. The axis of China towards fueling local consumption in briefing on Monday, which makes the economy less vulnerable to tariffs, helps to fuel balance.

“The rhetoric of the market from Beijing provides a more suitable background to Asian stocks today, and news of increased investment, such as Mr. Warren Buffett, will definitely help,” said Humin Lee, chief strategic expert in Lombard Odir. He added: “While the nervous waiting for Mr. Trump's additional restrictions and export controls”, strong flows to Hong Kong from the main righteous buyer will establish feelings.

Gold rose to touch a new rise above $ 3000 an ounce. American assets were traded in a narrow range with the return on treasury bonds for a period of 10 years, which slides a single foundation point to 4.29 %, as the Federal Reserve is scheduled to start a two -day policy meeting. The Bloomberg Index gained 0.1 %.

The stock gathering in China may get a new catalyst of a large number of technology profits, where Xiaomi Corp has been assigned. And Tencent Holdings Ltd. In reporting this week. The BYD technology progress also enhances a narration of the global competitiveness of Chinese companies.

President Trump said that Chinese leader Xi Jinping will visit Washington soon, amid trade tensions between the world's largest economists.

In Japan, financial stocks also gained high revenues before the Bank of Japan's decision on Wednesday. The central bank is expected to maintain a 0.5 % policy average, according to economists surveyed by Bloomberg. The yen fell against the dollar for the third day, exceeding the mark of 150 again.

“The BOJ team must closely monitor very slope in yield,” said Junki Iwahashi, Sumatomo Mitsoy's Sumitoi Trust. He said, referring to the Boj ruler: “It will pay close attention to the interest in UEDA's comments on this when he speaks to the briefing,” referring to the Boj ruler.

Elsewhere, trading in Indonesian stocks was stopped after a 5 % decrease in the record scale, amid concerns about the economy and the weakest spending before the holiday.

Retail sales

US retail sales have risen less than expectations in February and the previous month was revised. However, the alleged control group sales-which feed at the expense of the government to spend goods for gross domestic product-increased 1 % last month, reflecting the previous decline.

“While gossip in stagnation may seem exaggerated at the present time, the American economy remains in the slowdown, while maintaining assessments under careful scrutiny,” said John Rong Yap, a market strategy in IG Asia.

The feeling of waiting and seeing from politicians this week may arise in their first evaluation of how Trump's commercial policies affect the economy. With the federal reserve officials on Wednesday, the market will focus on the updated economic expectations of officials and president the press conference Jerome Powell to obtain evidence on the next road.

In commodities, oil has risen for the third day, as escalating tensions in the Middle East have overwhelmed concerns about a possible global abundance.

The main events this week:

The American housing, the import price index, and industrial production begin on Tuesday
Japan Bank average decision, Wednesday
Federal Reserve Price decision, Wednesday
China loan initial prices, Thursday
The decision of the Bank of England, Thursday
Philadelphia Factory Index in Philadelphia, unemployed demands, current homes sales, Thursday
Consumer confidence in the euro area, on Friday
John Williams speaks on Friday

Some of the main moves in the markets:

S& P 500 futures decreased by 0.3 % from 1:23 pm Tokyo time
Japanese Topix increased by 1.6 %
S&P/ASX 200 increased in Australia 0.1 %
Hang Kong Singh increased by 1.8 %
The Shanghai compound has not changed a little bit
EURO Stoxx 50 Futures increased 0.4 %

Currency

The Bloomberg index in dollars increased by 0.1 %
The euro decreased by 0.1 % to $ 1.0910
The Japanese yen decreased by 0.3 % to 149.64 per dollar
The yuan fell abroad by 0.1 % to 7,2349 per dollar

Cross currencies

Bitcoin fell 1 % to 83,148.95 dollars
The ether decreased by 1.5 % to $ 1,905.43

Bonds

The return on the treasury bonds decreased for 10 years to two basic points to 4.28 %
Japan's return has not changed for 10 years at 1.500 %
The return for 10 years in Australia decreased to two basic points to 4.39 %

Commodity

West Texas Intermediate crude increased by 0.3 % to $ 67.79 a barrel
Gold rose 0.4 % to 3,012.92 ounces

This story was produced with the help of Bloomberg's Option.

-With the help of Winnie Has.

Most of them read from Bloomberg Business Week