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HomeWorld NewsBank Negara Malaysia, Trump tariff concerns | Real Time Headlines

Bank Negara Malaysia, Trump tariff concerns | Real Time Headlines

On July 14, 2022, in Hong Kong, China, red clouds lit up the skyline of Victoria Harbor.

Li Zhihua | China News Service | Getty Images

Asia-Pacific markets opened mostly higher on Wednesday after President Donald Trump’s stance on tariffs was less aggressive than expected, sending stocks higher on Wall Street.

Australian S&P/ASX 200 Index It opened up 0.27%.

Japan’s Nikkei 225 futures pointed to a stronger market open. The Chicago futures contract was at 39,405 points, and the Osaka futures contract was last at 39,270 points, while the index’s previous closing price was 39,027.98 points.

Hong Kong Hang Seng Index futures were at 20,028 points, lower than the Hang Seng Index’s last closing point of 20,106.55 points.

Investors will focus on today’s policy meeting of Bank Negara Malaysia, which is expected to keep the policy rate steady at 3%.

Overnight in the United Statesthe three major stock indexes rose as investors viewed Trump’s remarks on international trade as more dovish than expected.

this Dow Jones Industrial Average It rose 537.98 points, or 1.24%, to close at 44,025.81 points. this S&P 500 Index rose 0.88% to close at 6,049.24 points, while Nasdaq Index rose 0.64% to 19,756.78.

Trump says he is Consider 25% tariff On February 1, Trump imposed sanctions on Mexico and Canada over their border policies, while signing the first day of executive orders at the White House on Monday night. He also mentioned China and noted that the United States may impose tariffs on China if China does not approve the TikTok transaction.

—CNBC’s Alex Harring and Brian Evans contributed to this report.

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