On Thursday, January 2, 2025, in the Chinese city of Shanghai, Lujiazoi in Padong’s Lujiazoi Financial District, from buildings to bunds, as well as a pedestrian.
Bloomberg | Bloomberg | Getty Images
After Wall Street decreased overnight, the Asia -Pacific markets were mostly traded when investors assessed quarterly income, while tariff problems continued to weigh on investors’ sentiment.
Hong Kong’s HAN HANGE HANGE HANGE Fall 1.91 % to 21,056.98. Mainland China’s CSI 300 increased by 0.31 percent after China’s economy was expected to spread by 5.4 percent in the first quarter, with 3,772.82 closing. This has also come to the fore when the US tariff risks have indicated major investment banks to reduce the country’s annual growth approach. Reuters economists were expected to extend 5.1 percent annually.
Of Japan Nikki 225 Fall 1.01 % to 33,920.4. Of South Korea Kospi Fall 1.21 percent to 2,447.43, while the small Cape Kosdik lost 1.80 percent, ending the commercial day at 699.11.
Australia’s S&P/ASX 200 closed the trade day at 7,758.9.
UBS recently dropped its GDP forecasts for China by 3.4 % for 2025 and 3 % next year. Investment Bank Chief China economist, Tao Wang, estimates that the increase in US tariffs on Chinese goods will lead to more than 2 % points on China’s GDP growth.
Bloomberg reported Tuesday According to the founder and chairman of the Natheer and Associates, Louis Nakier, China ordered to stop the supply of Boeing jets during the Tight for Tate tariff war with the United States.
“The possibility of a trade tension between China and the United States is now expected as the Boeing and technology industry is potentially pressing the White House,” said Niailier.
The US stock future slipped when investors were waiting for a significant retail sales report and more income issuance from the first quarter season. Dow Jones Industrial Average Future fell 139 points, or 0.3 %. The S&P 500 Futures and the Nice Deck 100 Futures reduced 0.7 % and 1.1 % respectively.
In the United States overnight, three large average fell. Dow Jones Industrial average lost 155.83 points or 0.38 %, which closed at 40,368.96. The S&P 500 declined by 0.17 % and ended at 5,396.63. The Nice Deck Composite reduced 0.05 % and set at 16,823.17. Three average back -to -backbacks slipped after winning sessions.
– CNBC’s Alex Herring and Lisa Kailai Han participated in the report.
