Asian Shares Mixed With US-China Trade Tensions In Focus

RTTNews | 10 시간 51 분 전

(RTTNews) - Asian stocks ended mixed in muted trade on Tuesday, with Japanese markets closed for Showa Day holiday.

The White House has confirmed President Trump's plan to reduce tariffs on auto parts for cars made in America following intense lobbying by industrial leaders.

At the same time, U.S. Treasury Secretary Scott Bessent put the burden for trade progress squarely on China, increasing confusion about the status of talks between the two countries.

China vowed to stand firm and said that concession and retreat will only make the bully more aggressive.

The dollar was resilient against its rivals in Asian trading, sending gold prices lower toward $3,300 per ounce. Oil extended overnight losses on weaker demand outlook.

China's Shanghai Composite index finished marginally lower at 3,286.65 as officials pledged to stabilize capital markets without announcing fresh stimulus to counter the hefty U.S. tariffs.

Hong Kong's Hang Seng index edged up by 0.16 percent to 22,008.11 as tech stocks rallied on Alibaba's advanced Qwen 3 AI launch.

Seoul stocks ended higher for a third day running, with auto and bio stocks leading the surge ahead of quarterly earnings reports from major companies.

The Kospi average climbed 0.65 percent to 2,565.42. Hyundai Motor and its smaller affiliate Kia both rose over 2 percent while Samsung Biologics gained 1.5 percent and smaller rival Celltrion jumped 3.8 percent.

Australian markets climbed to a two-month high on hopes for more favorable U.S. trade policies.

The benchmark S&P/ASX 200 jumped 0.92 percent to 8,070.60, rising for a fourth straight session led by energy and tech stocks. The broader All Ordinaries index settled 1.02 percent higher at 8,287.90.

Across the Tasman, New Zealand's benchmark S&P/NZX-50 index dropped 0.61 percent to 12,025.45.

U.S. stocks fluctuated before ending mixed overnight ahead of a busy week of earnings releases and economic reports.

The tech-heavy Nasdaq Composite slid marginally while the S&P 500 closed marginally higher - rising for the fifth day in a row and marking its longest winning streak since November last year. The narrower Dow added 0.3 percent.

Pound Falls Against Most Majors

The pound fell against its most major counterparts in the New York session on Tuesday.

RTTNews | 1 시간 42 분 전

Swiss Market Closes Modestly Higher

The Switzerland market ended modestly higher on Tuesday after holding firm right through the day's trading session. Reports that the U.S. would move to reduce the impact of duties imposed on foreign parts in domestically manufactured cars helped underpin sentiment.

RTTNews | 1 시간 56 분 전

European Stocks Close Broadly Higher As Investors React To Earnings

European stocks closed broadly higher on Tuesday with investors reacting to a spate of corporate earnings announcements, and continuing to assess the U.S. Government's trade policy. Reports that the U.S. President has proposed lower tariffs on auto parts for U.S.-produced vehicles helped keep investor sentiment positive.

RTTNews | 2 시간 16 분 전

Canadian Market Up Marginally In Cautious Trade

Canadian stocks are swinging between gains and losses on Tuesday as investors make cautious moves, monitoring the developments on the tariff front, and reacting positively to the victory of Prime Minister Mark Carney's victory in the general election.

RTTNews | 3 시간 11 분 전

Dollar Index Edges Up Amidst Trade Deal Uncertainty

The U.S. dollar recorded a mixed performance against major currencies during the week ended April 25 amidst continuing uncertainty in respect of U.S. trade policy and oscillating expectations about a trade deal, particularly with China.

RTTNews | 4 시간 22 분 전

U.S. Consumer Confidence Slumps More Than Expected In April

Largely reflecting a significant deterioration by consumer expectations, the Conference Board released a report on Tuesday showing its U.S. consumer confidence index slumped by more than expected in the month of April. The Conference Board said its consumer confidence index plunged to 86.0 in April from an upwardly revised 93.9 in March.

RTTNews | 5 시간 10 분 전

U.S. Job Openings Decrease More Than Expected In March

The Labor Department released a report on Tuesday showing job openings in the U.S. fell by more than expected in the month of March.

RTTNews | 5 시간 21 분 전

Bay Street May Open Slightly Higher

Higher Canadian futures point to a slightly positive start on Bay Street Tuesday morning. The victory of Mark Carney in the Canadian general election and easing concerns about U.S. tariffs may also support the market. However, weak crude oil and gold prices may weigh on sentiment and limit market's upside.

RTTNews | 6 시간 57 분 전

EURUSD	1.13856	GBPUSD	1.3404	AUDUSD	0.63856
USDJPY	142.273	USDCAD	1.38457	USDCHF	0.82404

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Asian Shares Mixed With US-China Trade Tensions In Focus