In China,  the Shangai Composite Index decreased 27 points or 0.85 percent on Wednesday. Losses were driven by China Fortune (-7.03%), Poly Real Estate (-4.25%) and SAIC Motor (-4.08%). Biggest rises came from Baosteel (1.86%), Yonghui Superstore (0.86%) and Hengli Petrochemical (0.62%).

The Shangai Composite Index Closes 0.85% Lower

European equity markets were poised to open higher on Wednesday, continuing the positive momentum from recent sessions as US President Donald Trump refrained from implementing his tariff threats into policy, despite signing a series of executive orders. This provided some relief to global markets. EU Commissioner Valdis Dombrovskis also stated that Europe would respond proportionally to any US tariffs in order to protect the region's economic interests. Meanwhile, rhere are no major data releases in Europe on Wednesday, although EasyJet will report its latest earnings. Euro Stoxx 50 and Stoxx 600 futures were both up around 0.2% in premarket trading.

European Markets Set for Positive Start

In Tokyo,  the Nikkei 225 Index rose 654 points or 1.68 percent on Wednesday. Leading the gains are Fujikura (14.77%), Furukawa Electric (12.54%) and Softbank (10.46%).

The Nikkei 225 Index Closes 1.68% Higher

India's shares climbed 338 points, or 0.4%, to 76,176 in morning trade on Wednesday, as traders took profits after hitting a more than seven-month low in the prior session due to uncertainties over US policy under President Donald Trump and mixed domestic corporate earnings. The BSE Sensex tracked a positive lead from Wall Street on Tuesday, as investors assessed US President Donald Trump’s tariff stance, with the Nifty 50 rising 0.3% to above 23,000, supported by gains from banking sectors, tech stocks, and financial services. Traders focused on the release of Q3 earnings results, with around 42 companies set to release their results later today, including HDFC Bank, BPCL, and Tata Communications. However, ongoing foreign fund outflows limited the gains amid concerns about a global tariff war after President Trump said he was considering imposing 10% tariffs on Chinese imports from February 1. Among the early gainers were Wipro (2.7%), TCS (1.9%), and Infosys (1.6%).

India Stocks Rise from Over 7-Month Lows

New Zealand's benchmark S&P/NZX 50 index closed 0.1% lower at 13,037 on Wednesday, giving back early gains to mark its third consecutive day of losses. Investor sentiment soured after U.S. President Donald Trump said that his team was discussing a 10% tariff on China as early as Feb. 1, the same day that he previously said Mexico and Canada would face levies of around 25%. Given New Zealand’s close trading ties with China, any developments impacting China’s economy could have a significant effect on the local market. In domestic news, New Zealand’s annual inflation rate was unexpectedly steady at 2% in the fourth quarter of 2024, staying within the Reserve Bank’s target band of 1-3%, which leaves the door wide open for more rate cuts. Among stocks, notable losses were seen from Auckland Intl Airport (-0.9%), Infratil (-1.5%), Fonterra (-0.9%), Spark NZ (-1.5%), and Fletcher Building (-1%).

New Zealand Shares Extend Losing Streak

The Shanghai Composite dropped 1% to around 3,210 while the Shenzhen Component tumbled 1.1% to 10,185 on Wednesday, with the former hitting a one-week low after US President Donald Trump said his team was discussing a 10% tariff on goods imported from China that could take effect as early as Feb. 1. Trump’s comments overshadowed a more positive development from Friday, when he had an amicable phone call with Chinese President Xi Jinping, during which they discussed trade and fentanyl, among other topics. At the World Economic Forum, Chinese Vice Premier Ding Xuexiang emphasized that there are no winners in a trade war and called for greater international economic cooperation. Notable losses included Seres Group (-3.8%), ZTE Corp (-1.5%), East Money (-1.5%), Contemporary Amperex (-2.6%), and Fivocom Wireless (-4.4%).

China Stocks Drop on Trump Tariff Threat

Shares in Hong Kong slipped 319 points or 1.6% to 19,787 in early trade on Wednesday, ending gains in the prior six sessions after US President Trump said he could impose a 10% tariff on all Chinese imports after excluding China from the list of countries he planned to target immediately just a day earlier. The Hang Seng withdrew from its highest level in near four weeks, burdened by broad-based weakness. Still, gains on Wall Street overnight helped limit further losses, as Trump is expected to announce a new investment push for AI, led by big firms including Softbank Group Corp., OpenAI, and Oracle. At home, the annual inflation rate in Hong Kong was at 1.4% in December, keeping unchanged for the third month and staying at its lowest since May. Early laggards included KE Holdings (-3.2%), JD Logistics (-2.6%), and Longfor Group (-1.7%). Meantime, Geely Auto sank 1.8% despite planning to partner with Handal Motor to build a second-phase factory in Indonesia and start operation by Q3.

Equities in Hong Kong Retreat from 4-Week Peak

The benchmark KOSPI rose 0.7% to around 2,537 points on Wednesday, reversing losses from the previous session, buoyed by Wall Street gains following US President Donald Trump's less aggressive stance on tariffs. Meanwhile, South Korea's Industry Ministry met with businesses Wednesday to address US export risks under Trump’s second term and brief exporters on trade policies. Traders now braced for some major corporate earnings later this week. Among key stock indexes, chip giant SK Hynix and automaker Hyundai Motor advanced 0.2% and 0.7%, respectively, ahead of their earnings result due tomorrow. Notable gains were also seen from LG Energy Solutions (1.6%) and Samsung Biologics (2.8%). On the economic data front, South Korea’s consumer confidence edged up to 91.2 in January 2025 from 88.2 in December, reflecting a modest improvement in economic sentiment.

South Korean Stocks Track Wall Street Higher

The Nikkei 225 Index jumped 1.4% to surpass 39,500, while the broader Topix Index gained 0.7% to 2,732 on Wednesday, reaching their highest levels in nearly two weeks and tracking gains on Wall Street overnight. The rally came as US President Donald Trump chose not to impose his tariff threats, offering relief to global markets. Despite the gains, investors remained cautious ahead of the Bank of Japan's upcoming monetary policy decision this week, with BOJ officials suggesting the possibility of a rate hike. Nearly all sectors participated in the rally, with notable gains from key index heavyweights, including Disco (+5.3%), Advantest (+3.4%), Fujikura (+4.7%), Nintendo (+2.5%), and Toyota Motor (+1.2%). SoftBank Group also soared 7.5% after Trump announced a significant AI infrastructure investment involving the company.

Japanese Shares Surge on Positive Wall Street Cues

The S&P/ASX 200 Index rose 0.6% to surpass 8,450 on Wednesday, reaching its highest level in nearly seven weeks, buoyed by a positive lead from Wall Street. The rally followed US President Donald Trump’s decision to hold off on imposing his tariff threats, offering relief to global markets. Investors also turned their attention to Australia’s upcoming quarterly inflation report, set for release next week, which could heighten expectations of an earlier interest rate cut by the Reserve Bank of Australia. Financial, technology, and consumer stocks led the gains, with Macquarie Group rising 1.7%, Appen climbing 1.5%, and Wesfarmers up 1.6%. However, mining and energy stocks struggled due to weaker commodity prices, with BHP Group falling 1.3% and Woodside Energy dropping 2.1%.

Australian Shares Follow Wall Street Higher

US stock futures rose on Wednesday following a strong market rally in the previous session, buoyed by relief over President Trump’s unexpectedly moderate trade measures on his first day in office. Trump announced he was considering a 25% tariff on Mexico and Canada and a 10% tariff on China, with the potential to take effect by Feb 1. Despite these proposals, the President held off on turning his threats into formal policy, even as he signed a series of executive orders. On Tuesday, in regular trading, the Dow surged 1.24%, the S&P 500 gained 0.88%, and the Nasdaq Composite rose 0.64%, with ten of the 11 S&P sectors finishing higher. In contrast, Apple fell 3.2% after two analyst downgrades. In after-hours trading, Oracle jumped 4% following Trump’s announcement of an AI infrastructure investment involving the company. Additionally, Netflix and United Airlines saw impressive gains, surging 14% and 4%, respectively, on strong quarterly results.

US Futures Edge Higher After Strong Market Rally

New Zealand's equities added 24 points, or 0.2%, to 13,078 around noon on Wednesday, rebounding from a loss in the prior two sessions amid hopes that the RBNZ would cut the official cash rate in the monetary policy meeting next month due to further easing of inflation. The latest data showed that the annual inflation rate in the country remained at its lowest level since Q1 of 2021, at 2.2% in Q4, while slightly easing to 0.5% quarterly. The NZX tracked a rise in Wall Street overnight after President Trump signaled he would refrain from imposing trade barriers against China despite threatening to impose up to 25% tariffs on Mexico and Canada shortly after taking office. Utilities, healthcare, and real estate mainly drove the index, with notable gains from Meridian Energy (1.4%), Scott Technology (0.9%), Fisher & Paykel Healthcare (0.6%), Chorus (0.6%), Mercury NZ (0.5%), Manawa Energy (0.5%), and FC Investment (0.4%).

New Zealand Stocks Snap 2-Day Losses

In New York,  the Dow Jones Index gained 523 points or 1.20 percent on Tuesday. Gains were led by 3M (4.20%), Caterpillar (3.35%) and Nike (3.30%).

The Dow Jones Index Closes 1.20% Higher

The Ibovespa reversed early losses to rise 0.2%, surpassing the 123,000 mark on Tuesday afternoon, as gains in major stocks outweighed declines in commodity-linked companies. U.S. President Donald Trump lifted market sentiment by delaying tariffs on Canada and Mexico after his Monday inauguration, though he warned of a potential 25% tariff from February 1, citing illegal immigration and fentanyl trafficking concerns. Domestically, President Lula bolstered fiscal oversight by mandating Civil House approval for decrees, with Chief of Staff Rui Costa reaffirming a commitment to balanced public accounts. Corporate heavyweights like WEG, Ambev, Banco do Brasil, Suzano, Companhia Saneamento, and Rede D'Or advanced between 1.1% and 1.4%. However, losses in JBS and BRF, down 3% and 7% respectively, weighed on the index, while Petrobras slid over 1% as oil prices declined amid Trump's plans to boost U.S. oil production and reduce geopolitical risks.

Ibovespa Gains Amid Global Optimism

The S&P/TSX Composite Index climbed 0.3% to above the 25,250 mark on Tuesday afternoon, propelled by robust gains in technology and mining stocks as investors assessed U.S. President Donald Trump's emerging trade policies. Sentiment was lifted by Trump’s decision to delay imposing tariffs on Canada and Mexico following his inauguration on Monday. However, he signaled the possibility of introducing a 25% tariff starting February 1st, citing concerns over illegal immigration and fentanyl trafficking. Technology heavyweight Shopify outperformed with a 1.5% rise, while Constellation Software added 1.4%. In the mining sector, Agnico Eagle, Wheaton Precious Metals, and Franco-Nevada posted advances between 1.1% and 1.9%. On the other hand, energy producers weighed on the index, with Canadian Natural Resources and Cenovus Energy both declining around 2.7%, as Trump's plans to expand U.S. oil output and potential tariffs dampened prospects for Canadian crude demand.

TSX Rises on Tech and Mining Gains

US stocks extended their gains on Tuesday as trade barriers signaled by President Trump were softer than feared after his first day in office. The S&P 500 and the Nasdaq both gained 0.8%, while the Dow jumped nearly 500 points. The President threatened to impose tariffs of up to 25% on Mexico and Canada but refrained from enacting policy despite already signing a series of executive orders. Additionally, the choice to refrain from signaling trade barriers against China suggested that the new administration may be more prudent in passing tariffs than pledged in its aggressive campaign, limiting risks of inflation and a hawkish reaction from the Fed. Gains were broad-based, led by industrials and healthcare. Also, Oracle surged 6% amid reports of an incoming AI infrastructure investment by the US President. On the other hand, Apple sank 4% as the pessimistic outlook on iPhone sales growth drove broker downgrades, and Tesla lost 2% after Trump revoked the US’s EV sales target.

US Stocks Extend Gains

The FTSE MIB fell about 0.2% to settle at 36,059 after a choppy session on Tuesday, down for the second day and underperforming its European peers. Investors assessed a slew of pledges and executive orders from U.S. President Donald Trump, with particular attention on potential trade tariffs. While Trump held off on imposing tariffs right after his inauguration, he later revealed plans to apply a 25% tariff on imports from Canada and Mexico starting February 1st. On the business front, Stellantis led the declines, falling 1.5%, as Italy's December car registration data disappointed and concerns over tariffs mounted due to its strong presence in Mexico.

Italian Stocks Down for 2nd Day

European stocks were mixed on Tuesday as traders started to assess the impact that that policy maneuvers by US President Trump may have in the European corporate sector. The Eurozone’s STOXX 50 was the flat to close at 5,166, holding at 2000-highs, and the pan-European STOXX 600 gained 0.4% to close at 526, its highest on record. While Trump refrained from imposing tariffs immediately following his inauguration, he later announced plans to introduce tariffs of up to 25% on Mexico and Canada starting February 1st. This renewed concerns about trade tensions and potential inflationary pressures. Meanwhile in Europe, the ZEW investor sentiment for Germany declined and the UK unemployment rate edged higher. Heavyweight luxury stocks booked strong gains, with LVMH and Hermes adding more than 2.5% each. On the other hand, auto producers fell sharply with Stellantis and BMW sinking more than 1.5%, pressured by the threat of US tariffs on Mexico, a key hub for their North American operations.

European Stocks Hold at Their Peaks

The FTSE 100 closed about 0.3% higher at 8,548 on Tuesday, hitting fresh record levels, amid a weaker pound and ongoing strength in the banking sector. Lloyds Banking Group was the top performer, climbing 4% on reports that Chancellor Rachel Reeves plans to intervene to limit losses from the motor finance inquiry. Endeavour Mining rose about 3%, benefiting from rising prices of gold amid global uncertainty under the new US administration. Also, AstraZeneca, National Grid, Barclays and BAE Systems advanced firmly. In turn, heavyweight miners Glencore, Anglo American and Rio Tinto were among the biggest laggards, with losses between 1.3% and 1.7%, along with Pershing Square Holdings, AB Foods and Rightmove. On the domestic data front, UK unemployment rose to 4.4% in November, while wage growth accelerated to 5.6%, adding to uncertainty around the Bank of England's future policy decisions.

UK Stocks Rise to New Peak

The DAX closed about 0.2% up at 21.041.5 on Tuesday, a new high, as traders continued to assess the first moves of President Donald Trump in his second term. U.S. President Trump refrained from imposing tariffs on China and lifted offshore oil drilling bans in most U.S. coastal waters, easing inflation concerns and boosting expectations for interest rate cuts by the Federal Reserve. Meanwhile, the ZEW Economic Sentiment index for Germany declined more than expected in January. Traders also closely monitored the World Economic Forum in Davos. Among equities, top gainers included Siemens Energy (+3.6%) and Siemens Healthineers (+3.5%). On the flip side, the auto sector saw pressure with BMW (-2%) and Porsche (-1.6%) posting the biggest losses.

DAX Ends at New High

The CAC 40 rose 0.5% to close at 7,771 on Tuesday, outperforming other European indices as mega-cap luxury stocks lifted the Paris exchange, while investors digested U.S. President Donald Trump’s early policy moves, including plans to impose 25% tariffs on Canadian and Mexican imports starting February 1, while signaling potential stricter tariffs on China without announcing specific measures. The World Economic Forum in Davos also drew attention as markets weighed global economic discussions. Leading the CAC 40, LVMH and Hermès advanced by 2.7% and 2.6%, respectively, reflecting robust investor confidence in luxury equities.

CAC 40 Outperforms on Luxury Stocks

In New York,  the Dow Jones Index is picking up 323 points or 0.74 percent on Tuesday. Gains are led by 3M (4.54%), UnitedHealth (2.15%) and Caterpillar (1.85%). Biggest losers are Apple (-3.46%), Chevron (-1.32%) and Travelers Companies (-0.73%).

The Dow Jones Index Opens 0.74% Higher

The S&P/TSX Composite Index remained below the flatline at the 25,170 mark on Tuesday, weighed down by losses in energy stocks as investors absorbed U.S. President Trump’s tariff policy and domestic inflation data. Although Trump refrained from immediate tariffs on Canada and Mexico, his suggestion of 25% duties by February 1st raised concerns about trade relations, especially given Canada’s reliance on U.S. exports. Domestically, softer inflation figures showed a 1.8% year-over-year CPI increase in December, below November’s 1.9%, fueling expectations for further Bank of Canada rate cuts to support growth. Energy producers led the declines, with Canadian Natural dropping over 4%, as Trump’s plans to boost U.S. oil production and tariffs dampened demand expectations for Canadian crude. However, Shopify, Brookfield, and Constellation Software each gained more than 1%, helping to partially offset the broader decline, while rising bullion prices supported major mining stocks.

TSX Struggles for Direction

US stocks were higher on Tuesday, with both the S&P 500 and the Nasdaq rising 0.5% and the Dow Jones gaining about points 170 points as traders prepared for Donald Trump’s second administration. On his first day in office yesterday, Trump took several steps to advance his agenda but refrained from immediately imposing tariffs, as many had anticipated. However, he later indicated plans to introduce a 25% levy on Mexico and Canada while avoiding mention of China. Traders are now shifting their focus to growth prospects under the new administration and corporate earnings reports from major companies. Charles Schwab (5%) and Prologis (1.6%) beat on both earnings and revenue and earnings from 3M (6.4%) topped forecasts and the company's guidance was close to expectations. Netflix is also due to report today after the closing bell.

US Stocks Rise as Trump Policies Take Center Stage

US2000 increased to a 4-week high of 2299.00 Index Points. Over the past 4 weeks, United States Stock Market Index (US2000) gained 3.02%, and in the last 12 months, it increased 19.51%.

The Russell 2000 Hit 4-week High

FR40 increased to a 16-week high of 7767.00 Index Points. Over the past 4 weeks, France Stock Market Index (FR40) gained 6.75%, and in the last 12 months, it increased 4.72%.

Stocks in France Hit 16-week High

The Ibovespa dropped 0.2% to fall below the 122,800 level on Tuesday, as investors reacted to U.S. President Donald Trump's first executive orders and comments regarding potential tariffs on Mexico, Canada, and the European Union. Concerns about protectionist policies are fueling uncertainty in global markets, weighing on emerging market equities, including Brazil. Domestically, President Lula strengthened ministerial oversight by mandating Civil House approval for decrees, signaling efforts to maintain fiscal discipline. Chief of Staff Rui Costa reiterated the government’s commitment to balancing public accounts, further underscoring a cautious fiscal approach. On the corporate front, meat packers led losses, with JBS and BRF falling over 2% and 5%, respectively, while Petrobras slid over 1%, tracking lower oil prices amid Trump’s plans to boost U.S. oil production and ease geopolitical risks.

Ibovespa Drops Amid Global Tariff Concerns

US stock futures edged higher on Tuesday, with contracts on the three major indexes gaining about 0.4% as traders prepared for Donald Trump’s second administration. On his first day in office yesterday, Trump took several steps to advance his agenda but refrained from immediately imposing tariffs, as many had anticipated. However, he later indicated plans to introduce a 25% levy on Mexico and Canada while avoiding mention of China. Traders are now shifting their focus to growth prospects under the new administration and corporate earnings reports from major companies. Netflix, Charles Schwab, ProLogis, and 3M are among companies scheduled to release their quarterly results today. Markets were closed on Monday in observance of Martin Luther King Jr. Day.

US Futures Point to Gains at the Open, Trump Eyed

The BSE Sensex extended its early losses, plummeting over 1,200 points, or 1.6%, to close at 75,838 on Tuesday, a level not seen since early June 2024, amid broad-based selling across all sectors. Investor sentiment was dampened by concerns over Donald Trump's potential plans for India, after the U.S. president hinted at the possibility of imposing trade tariffs on its neighboring countries. Meanwhile, traders continued to monitor Q3 earnings results, with Zomato plunging over 10% after posting a 57% YoY plunge in its consolidated net profits for the December quarter.

Sensex Tumbles to Over 7-Month Low

In Mumbai,  the SENSEX Index decreased 1235 points or 1.60 percent on Tuesday. Losses were driven by NTPC (-3.44%), ICICI Bank (-2.90%) and State Bank of India (-2.55%).

The SENSEX Index Closes 1.60% Lower

The FTSE 100 edged higher to around 8,530 on Tuesday, in cautious trading, as investors weighed the potential implications of President Donald Trump's second term. Focus was also on economic data, corporate earnings, and discussions at the World Economic Forum in Davos. Domestically, UK unemployment rose to 4.4% in November, while wage growth accelerated to 5.6%, adding to uncertainty around the Bank of England's future policy decisions. On the corporate front, banks led the gains, with Lloyds Banking Group PLC climbing 4.9%, Barclays PLC rising 1.7%, and NatWest Group PLC advancing 1%.

UK Stocks Cautiously Higher

The CAC 40 traded near the flatline at around 7,738 on Tuesday, as investors assessed the early actions of U.S. President Donald Trump following his inauguration. Notably, he announced plans to introduce 25% tariffs on imports from Canada and Mexico starting February 1. Trump also signaled stricter tariffs targeting China but refrained from implementing specific measures. Meanwhile, investors closely monitored developments at the World Economic Forum in Davos, Switzerland. Among individual stocks, ArcelorMittal shares declined around 1.8%, while Stellantis NV dropped 1.5%. Conversely, LVMH led the index with a 1.4% rise, followed by Safran, up 0.9%, and Hermès, which gained 0.8%.

French Stocks Hover Near Flatline

The DAX stayed relatively flat on Tuesday, amid general market caution as traders considered Donald Trump's first actions in his second term as U.S. President. Widespread uncertainty lingered over the likelihood of his tariff-related campaign promises becoming reality, after Trump said it could impose tariffs on Canada and Mexico in the near term.  Attention was also paid to the ZEW Economic Sentiment reading for Germany and the WEO in Davos.

DAX on Cautious Note

The FTSE MIB index was little changed in early trading on Tuesday, hovering around the 36,140 mark as investors assessed a slew of pledges and executive orders from U.S. President Donald Trump, including trade tariffs. While Trump initially refrained from imposing tariffs immediately after his inauguration, he later unveiled plans to implement 25% tariffs on imports from Canada and Mexico starting February 1st. Among individual stocks, notable losses were seen from Stellantis (-1.5%), Prysmian (-1.3%), Campari (-2.1%), and Amplifon (-1.6%). On the other hand, the banking sector saw gains, with UniCredit up 0.5% gain, Banca Mediolanum rising 1.1%, and Banca Generali adding 1%. Other early gainers included Diasorin (1.9%) and Saipem (0.7%).

Italian Stocks Little Changed

Both the STOXX 50 and STOXX 600 hovered near the flatline on Tuesday as traders assessed the initial actions of Donald Trump in his second term as President of the United States. While Trump refrained from imposing tariffs immediately following his inauguration, he later announced plans to introduce tariffs of up to 25% on Mexico and Canada starting February 1st. This renewed concerns about trade tensions and potential inflationary pressures. Meanwhile in Europe, labour market data for the UK showed a mixed picture, with pay growth rising while unemployment rate edged up and payrolls sank. Traders will also keep an eye on the ZEW Economic Sentiment reading for Germany and the WEO in Davos. On the corporate front, shares of Danish Oersted plunged more than 16% after announcing impairments totaling $1.7 billion. German RWE (-2%) was also lower.

European Shares Cautious

The Hang Seng climbed 181 points or 0.9% to end at 20,107 on Tuesday, continuing its bullish momentum for the sixth session and approaching its highest level in nearly four weeks amid widespread sector gains. Traders responded favorably to Trump's inaugural speech Monday, as it did not impose tariffs on China. Meanwhile, US futures surged after Trump signed several executive orders, including declaring a national energy emergency, potentially leading to lower inflation and Fed rate cuts. Further gains were capped by caution ahead of December inflation data in Hong Kong later today after figures in November stayed at a five-month low of 1.4%. Shares of China Vanke Co. jumped almost 9% after the developer announced interest payment on a maturing bond. Meantime, Country Garden soared around 20%, hitting a 10-month high as trading resumed after a nine-month suspension. Other top gainers included Semicon Manufacturing (6.7%), Pop Mart Intl. (5.7%), Li Auto (5.2%), and Xiaomi Corp. (3.2%).

Shares Hong Kong Soar Near 1% at Finish

The benchmark KOSPI edged down 0.1% to close at 2,518 points on Tuesday, marking its third consecutive session of losses, as sharp declines in battery stocks offset gains in the shipbuilding sector. Investor sentiment was also dampened by US President Trump’s trade policy announcements during his Monday inauguration. Meanwhile, South Korea's acting president Choi Sang-mok pledged to review response measures to Trump's proposed tariffs and EV policies. Among battery makers, LG Energy Solutions (-4.3%) and Samsung SDI (-3.9%) led losses after US President Donald Trump revoked the previous administration's executive order on electric vehicles. Conversely, the shipbuilding sector rallied flagged by Trump for cooperation, with Hyundai Heavy Industries up 6% and Korea Shipbuilding & Offshore Engineering and Samsung Heavy Industries gaining 1.8% and 1.3%, respectively.

South Korean Stocks Closed Lower

European equity markets were headed for a lower open on Tuesday after US President Donald Trump threatened the EU with tariffs if it did not buy more US oil. Trump also said he was thinking of imposing 25% tariffs on Mexico and Canada as soon as Feb. 1, while providing no specifics on tariffs plans against China. Meanwhile, investors await remarks from European Commission head Ursula von der Leyen and German Chancellor Olaf Scholz at the World Economic Forum in Davos, Switzerland on Tuesday. On the data front, UK unemployment figures and the Eurozone ZEW economic sentiment indicator will be released later today. Euro Stoxxx 50 and Stoxx 600 futures were down 0.4% and 0.3%, respectively, in premarket trade.

European Markets Head for Lower Open

The S&P/NZX 50 index closed 0.3% lower at around 13,052 on Tuesday, marking a second consecutive session of losses, driven by declines in healthcare stocks. Investors are also becoming more cautious ahead of Wednesday’s Q4 CPI data, while continuing to monitor developments in the US President Donald Trump’s trade policies, particularly potential tariffs on China, New Zealand’s largest trading partner. In economic news, New Zealand’s BusinessNZ Performance of Services Index fell to 47.9 in December, a 1.2-point drop from November and the tenth consecutive month of contraction. Among healthcare stocks, index heavyweight Fisher & Paykel Healthcare led the losses, shedding 1.8%. Utilities also declined, with Meridian Energy and Contact Energy losing 0.3% and 1.5%, respectively.

New Zealand Stocks Fall for 2nd Session

The BSE Sensex fell 670 points, or 0.9%, to 76,360, while the Nifty 50 dropped 0.8% in early deals on Tuesday, halting gains from the previous session, mainly weighed down by the consumer durables, realty, financial services, and banking sectors. Traders continued to focus on Q3 earnings results, with Zomato shrinking over 9% after posting a 57% YoY plunge in its consolidated net profits for the December quarter. Investors braced for the release of Q3 earnings reports, including Tata Technologies, later today. Market participants took a cautious stance amid concerns about the impact of additional tariffs after Trump said that he was considering a 25% tariff on Canada and Mexico shortly after taking office. Rising oil prices also pressured sentiment, as they have the potential to increase domestic inflation. Other early losers included Trent (-3.8%), Adani Enterprises (-2.5%), Adani Ports (-2.2%), NTPC (-1.9%), and Reliance (-1.7%).

India Stocks Drop in Morning Trade

HK50 increased to a 5-week high of 20194.00 Index Points. Over the past 4 weeks, Hong Kong Stock Market Index (HK50) gained 1.43%, and in the last 12 months, it increased 34.8%.

Stocks in Hong Kong Hit 5-week High

The Shanghai Composite declined 0.15% to 3,240, while the Shenzhen Component dropped 0.2% to 10,240 on Tuesday, snapping a three-day rally. The pullback came after US President Donald Trump mentioned China in his comments about potential tariffs, though he did not provide further details. His remarks disappointed traders who had hoped he would delay imposing new tariffs, overshadowing a recent phone call between Xi Jinping and Trump that initially raised hopes of easing tensions between the two countries. Meanwhile, China’s central bank kept its loan prime rates unchanged for the third consecutive month in January, although markets anticipate a reduction in banks' reserve requirements soon. Notable losses were seen in Leo Group (-4.7%), Greatoo Intelligent (-6.7%), and Suzhou TFC Optical (-1.7%).

China Stocks Slip on Trump Tariff Fears

The Hong Kong stock market rose 142 points or 0.7% to 20,067 on Tuesday morning, marking the sixth session of gains and holding at its highest in three weeks. The bullish momentum came after Donald Trump did not target China in his inauguration speech on Monday, nor did he immediately impose previously threatened tariffs. Meanwhile, China's President Xi Jinping urged policymakers to implement more proactive macroeconomic policies this year to sustain growth momentum. The property sector led the rises, with shares of embattled Country Garden surging nearly 20% upon resuming trade after a nine-month halt. The tech index was also notably higher after Xi Jinping reiterated the need for high-level technological self-reliance. On the policy front, the PBoC retained its key lending rates at record lows for the third month amid renewed pressure on the yuan. Notable movers included Semicon Manufacturing (4.1%), WH Group Ltd. (3.7%), Sunny Optical Tech. (2.9%), and China Resources Land (2.6%).

Hong Kong Shares Rise for 6th Session

The benchmark KOSPI fell 0.5% to 2,509 on Tuesday, marking its third consecutive session of losses, largely driven by sharp declines in battery stocks. LG Energy Solution plunged 4.3%, LG Chem fell 4.2%, Samsung SDI lost 4.1%, and Posco Holdings dropped 4% after U.S. President Donald Trump revoked the prior administration's executive order on electric vehicles during his first day as the 47th president of the United States. In contrast, defense stocks performed strongly, buoyed by U.S. President Donald Trump’s call for allies to increase defense spending. LIG Nex1 surged 3.8%, Hanwha Aerospace rose 3.1%, and Hyundai Rotem advanced nearly 2%. Meanwhile, investors found relief as President Trump refrained from imposing new tariffs that had previously sparked concerns. Domestically, economic data revealed that producer inflation accelerated to 1.7% year-on-year in December 2024, from 1.4% in the previous month, marking the highest level since July.

South Korean Shares on 3-Session Losing Streak

US stock futures struggled to gain momentum on Tuesday after President Donald Trump announced he was considering imposing 25% tariffs on Canada and Mexico as early as Feb. 1, citing concerns over illegal immigration at the US border. Trump also mentioned China but did not offer further details. His remarks disappointed traders who had hoped for a delay in new tariffs, especially after reports on Monday suggested no immediate tariff actions as part of his early executive orders. However, market participants remain focused on Trump’s pro-business agenda, including promises of deregulation and tax cuts, which could support a positive outlook for equities. On the corporate front, key earnings reports are expected this week from major companies, including Netflix, Charles Schwab, Procter & Gamble, Johnson & Johnson, Abbott Laboratories, General Electric, Union Pacific, American Express, and Verizon.

US Futures Struggle Amid Trump’s Tariff Threats

The Nikkei 225 Index gained 0.5%, surpassing 39,000, while the broader Topix Index added 0.35%, reaching 2,720 on Tuesday, extending gains from the previous session. The rally followed US President Donald Trump’s decision not to impose new tariffs on his first day in office, easing concerns for Japanese exporters. However, investors remain cautious ahead of the Bank of Japan's upcoming monetary policy decision this week, as BOJ officials have hinted at a potential rate hike. Such a move would raise Japan's short-term borrowing costs to 0.5%, the highest level since the 2008 global financial crisis. Export-driven companies led the rally, with Disco rising 2.5%, Toyota Motor gaining 2%, Tokyo Electron up 1.5%, Nintendo increasing 0.8%, and Fast Retailing advancing 0.4%. Meanwhile, Metaplanet fell 14% after surging more than 30% over the previous two sessions, tied to its Bitcoin-related activities.

Japanese Shares Gain on Trump Tariff Relief

The S&P/ASX 200 Index rose 1% on Tuesday, surpassing 8,420 and marking its highest level in six weeks. This surge followed Donald Trump’s swearing-in for his second term as US President, with markets finding relief after he refrained from imposing new tariffs. Domestically, investors are anticipating Australia's quarterly inflation report, due next week, which could strengthen expectations for an earlier interest rate cut. Market speculation is growing that the Reserve Bank of Australia may begin reducing rates as early as next month. Leading the rally were heavyweight banks and mining stocks, with Commonwealth Bank rising 1.1%, ANZ Group up 1.4%, and BHP Group gaining 1.5%. Yancoal shares soared nearly 7% after reporting a 5% increase in saleable coal production to 36.9 million tonnes, in line with targets.

Australian Shares Reach 6-Week High

US stock futures gained on Tuesday after Donald Trump was inaugurated as the 47th President of the United States, promising a “golden age” for the nation. On his first day in office, Trump signed a series of executive orders aimed at boosting energy production, while refraining from the new tariffs that many investors had feared. Market participants are also closely watching his pro-business agenda, including pledges for deregulation and tax cuts, which could provide a positive outlook for equities. However, uncertainty remains due to Trump’s unpredictable leadership style. On the corporate front, key earnings reports are expected this week from major companies, namely: Netflix, Charles Schwab, Procter & Gamble, Johnson & Johnson, Abbott Laboratories, General Electric, Union Pacific, American Express, and Verizon.

US Futures Climb After Trump Inauguration

ASX200 increased to a 5-week high of 8371.00 Index Points. Over the past 4 weeks, Australia Stock Market Index (AU200) gained 2.05%, and in the last 12 months, it increased 11.95%.

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The Shangai Composite Index Closes 0.85% Lower

European Markets Set for Positive Start

The Nikkei 225 Index Closes 1.68% Higher

India Stocks Rise from Over 7-Month Lows

New Zealand Shares Extend Losing Streak

China Stocks Drop on Trump Tariff Threat

Equities in Hong Kong Retreat from 4-Week Peak

South Korean Stocks Track Wall Street Higher

Japanese Shares Surge on Positive Wall Street Cues

Japanese Shares Surge on Positive Wall Street Cues

Australian Shares Follow Wall Street Higher

US Futures Edge Higher After Strong Market Rally

New Zealand Stocks Snap 2-Day Losses

The Dow Jones Index Closes 1.20% Higher

Ibovespa Gains Amid Global Optimism

TSX Rises on Tech and Mining Gains

US Stocks Extend Gains

Italian Stocks Down for 2nd Day

European Stocks Hold at Their Peaks

UK Stocks Rise to New Peak

DAX Ends at New High

CAC 40 Outperforms on Luxury Stocks

The Dow Jones Index Opens 0.74% Higher

TSX Struggles for Direction

US Stocks Rise as Trump Policies Take Center Stage

The Russell 2000 Hit 4-week High

Stocks in France Hit 16-week High

Ibovespa Drops Amid Global Tariff Concerns

US Futures Point to Gains at the Open, Trump Eyed

Sensex Tumbles to Over 7-Month Low

The SENSEX Index Closes 1.60% Lower

UK Stocks Cautiously Higher

French Stocks Hover Near Flatline

DAX on Cautious Note

Italian Stocks Little Changed

European Shares Cautious

Shares Hong Kong Soar Near 1% at Finish

South Korean Stocks Closed Lower

European Markets Head for Lower Open

New Zealand Stocks Fall for 2nd Session

India Stocks Drop in Morning Trade

Stocks in Hong Kong Hit 5-week High

China Stocks Slip on Trump Tariff Fears

Hong Kong Shares Rise for 6th Session

South Korean Shares on 3-Session Losing Streak

US Futures Struggle Amid Trump’s Tariff Threats

Japanese Shares Gain on Trump Tariff Relief

Australian Shares Reach 6-Week High

US Futures Climb After Trump Inauguration

Stocks in Australia Hit 5-week High