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ASIA STOCKS: Asian Equities Head Higher As US-China Tensions Ease

ASIA STOCKS
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Asian markets traded higher today, driven by optimism over easing US-China tensions following a positive call between Donald Trump and Xi Jinping. The MSCI Asia Pacific Index rose 1.2%, with notable gains in Hong Kong, where the Hang Seng Index climbed 2.3%, and mainland Chinese shares also advanced. Japanese stocks rebounded, with the Topix Index posting its biggest intraday jump since early December, as tech and financial shares gained on expectations of a potential Bank of Japan rate hike. Broader sentiment was supported by hopes for improved US-China trade relations, though concerns about Trump's upcoming policies, including tariffs and deregulation, tempered enthusiasm. 

  • South Korean equities have struggled today with political uncertainty seen as the major driver, the KOSPI last trades 0.20% lower. Foreign investors had been better buyers of South Korean equities to kick the year off, however we another day of over $200m of outflows we are now effectively flat in terms of net flows.
  • Indian equities have seen heavy outflows totaling $4.5b to start the year, the Nifty 50 is trading up 0.20% today as earnings season kicks off.
  • Equities in Australia & New Zealand have been mixed today, the ASX20 trades up 0.45%, while the NZX 50 closed 0.30% lower.
  • US equity futures are trading slightly lower in Asia Today, please note there will be no cash equity trading tonight for Martin Luther King Day. Focus will be largely on the Inauguration of Trump and any executive orders he may sign on Day 1.
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Asian markets traded higher today, driven by optimism over easing US-China tensions following a positive call between Donald Trump and Xi Jinping. The MSCI Asia Pacific Index rose 1.2%, with notable gains in Hong Kong, where the Hang Seng Index climbed 2.3%, and mainland Chinese shares also advanced. Japanese stocks rebounded, with the Topix Index posting its biggest intraday jump since early December, as tech and financial shares gained on expectations of a potential Bank of Japan rate hike. Broader sentiment was supported by hopes for improved US-China trade relations, though concerns about Trump's upcoming policies, including tariffs and deregulation, tempered enthusiasm. 

  • South Korean equities have struggled today with political uncertainty seen as the major driver, the KOSPI last trades 0.20% lower. Foreign investors had been better buyers of South Korean equities to kick the year off, however we another day of over $200m of outflows we are now effectively flat in terms of net flows.
  • Indian equities have seen heavy outflows totaling $4.5b to start the year, the Nifty 50 is trading up 0.20% today as earnings season kicks off.
  • Equities in Australia & New Zealand have been mixed today, the ASX20 trades up 0.45%, while the NZX 50 closed 0.30% lower.
  • US equity futures are trading slightly lower in Asia Today, please note there will be no cash equity trading tonight for Martin Luther King Day. Focus will be largely on the Inauguration of Trump and any executive orders he may sign on Day 1.