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Asia stocks mixed; Chinese shares surge on report of gradual Trump tariffs


Published on 2025-01-14 01:41:09 - Investing
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  • Asian shares are facing additional downward pressure from prospects of fewer Fed rate cuts in 2025. The Fed reduced rates by 100 basis points in 2024, but signaled fewer-than-expected cuts in 2025 in the face of sticky inflation and a resilient economy.

The article from Investing.com discusses the mixed performance of Asian stock markets, with a particular focus on the surge in Chinese shares. This surge was triggered by a report suggesting that the U.S. might gradually roll out tariffs on Chinese goods, rather than imposing them all at once. This news led to a significant rally in Chinese stocks, with the Shanghai Composite Index gaining over 2% in early trading. However, other Asian markets showed varied responses; Japan's Nikkei 225 saw slight gains, while markets in South Korea and Australia experienced declines. The anticipation of a more measured approach to tariffs provided some relief to investors, although concerns about global trade tensions and economic growth persisted. Additionally, the article touches on broader market sentiments influenced by upcoming economic data releases and geopolitical developments.

Read the Full Investing Article at:
[ https://uk.investing.com/news/stock-market-news/asia-stocks-mixed-chinese-shares-surge-on-report-of-gradual-trump-tariffs-3872504 ]