Wednesday, March 5, 2025
HomeWorld NewsAsian market scene: China's NPC, Australian GDP | Real Time Headlines

Asian market scene: China’s NPC, Australian GDP | Real Time Headlines

A man carrying a kite-shaped figure walks along the Bund while the building of Pudong Lujiazui Financial District in Pudong Shanghai

Bloomberg|Bloomberg|Getty Images

Asia-Pacific markets are scheduled to open on Wednesday as US President Donald Trump tariff As trade tensions intensify around the world, investor sentiment continues to be curbed.

Australia S&P/ASX 200 The Open fell 0.22%.

Japan’s Nikkei 225 futures indicate a low market opening rate. Chicago’s futures contract was 37,210, and its peers in Osaka ended up trading at 36,950, compared with the index’s previous end of 37,331.18.

Hong Kong’s Hang Seng Index has a futures of 23,014, higher than the last end of HSI’s 22,941.77.

Investors will seek announcements from China’s “two meetings,” an annual parliamentary gathering that began on Tuesday, with Beijing preparing to outline economic measures, including it Growth Target One year.

Meetings of its top legislature are scheduled to open on Wednesday.

Trump’s 25% tariff on Mexican and Canadian goods came into effect Tuesday. The president also imposed 10% responsibilities on Chinese goods, bringing China’s new tariffs to 20%.

Australia will also release its fourth-quarter GDP later that day.

Overnight in the United States, these three main averages are lower. this Dow Jones Industrial Average The next day fell down, down 670.25 points, or 1.55%, and ended at 42,520.99. this S&P 500 After the drop, it fell by 1.22% to 5,778.15 The worst day of the year In a previous session. this Nasdaq Composite Materials Lossed 0.35% and completed with a score of 18,285.16.

– Lisa Kailai Han and Alex Harring of CNBC contributed to this report.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments