Asian stock exchanges were mainly in sales under the influence of customs tariffs, while China has positive decomposition from the stock exchanges in the region with supportive steps.
After the US administration’s latest Customs Dutch move against China, uncertainties about the course of the economic tension between the two countries causes a high risk perception.
The negative effects of tariffs are felt in Asian stock exchanges. The steps of the Chinese administration supporting the economy supported the share markets. This enabled China’s positive decomposition from other Asian stock exchanges.
In order to revive the economy and support the capital markets in China, the news flow that would be held with a large -scale dialogue meeting with the participation of regulatory institutions as well as regulatory institutions and the incentives will be focused on the risk appetite in the markets.
In addition, in a statement made by the state council that fulfilled the cabinet function in China, the telephone conversation between Prime Minister Li Çiang and the President of the European Union (EU) Commission Ursula von Der Leyen was given details.
During the meeting, Von Der Leyen called for a solution to the problems caused by Trump’s new customs tariffs via negotiation and stability and predictability for the global economy are vital.
In response to large -scale interruptions caused by the US’s new customs tariffs, Von Der Leni said that Europe and China are responsible for supporting a powerful trade system based on a free, fair and equal playground.
During the meeting, Li Çiang emphasized that China and the EU should provide stability and predictability to the global economy against the tremors caused by the US tariff policy.
Stating that China takes into account the various uncertainty factors in this year’s macro policy, Li said, “We are prepared to meet external shocks, we have enough policy tools for this.” he said.
Analysts pointed out that the uncertainties regarding the course of the trading tariff tensions between the US and China, the world’s largest economies, have deepened, and said that increasing risk perception of risks in many fields could make the decision -making processes of investors in this period.
In his speech today, the President of the Central Bank of Japan Kazuo Ueda, despite some weak signals, the Japanese economy recovered moderately, stating that the core inflation continued to remain below 2 percent, but he said that it is gradually accelerating.
Japanese Finance Minister Katsunobu Kato said that exchange rates can be discussed in trade negotiations with the US.
“There have been various communications by the US, including exchange rates, including exchange rates, so foreign exchange movements may be one of the discussion issues. However, concrete details have not yet been identified.” He made his statement.
In addition to these developments, the Central Bank of India turned the basic repo interest rate for the second time and turned the monetary policy stance from “neutral” to “supporter”. The Monetary Policy Board attracted the repo interest rate by 25 basis points to 6 percent in parallel with expectations.
For the first time since May 2020, the Board had started to reduce interest rates with a quarter -point discount in February. New Zealand Central Bank, in parallel with the expectations, reduced the indicator interest rate to 3.50 percent by reduced 25 basis points.
According to the data released in the region today, the consumer confidence index in Japan decreased to 34.1 in March and fell more than monthly expectations. March machine orders in the country increased by 11.4 percent annually.
With these developments, the Nikkei 225 index decreased by 3.8 percent in Japan, 31,764 points, KOSPI index in South Korea decreased by 1.7 percent with a decrease of 2.293 percent, while the Shanghai compound index increased by 1.3 percent in China.
Hang Kong is trading at 20.110 points with a loss of 0.1 percent in Hong Kong, and the Sensex index decreased by 0.4 percent in India.
