Dow Jones-after the recreation boost the previous day, the stock markets in East Asia and Australia were shown in two parts. While the majority of the places followed the weak US specifications, China, including Taiwan, went up more clearly – supported by positively recorded headlines from the semiconductor sector. The most important indices of deep red had closed on Wall Street, which, however, only made part of the massive surcharges on Wednesday.
According to the euphoria after the three-month suspension of the retaliation tariffs by US President, more sobriety returned. On the one hand, because the global markets are given a lot of uncertainty in view of the unsteady US trade policy – on the other hand, because the dispute between the two largest economies in the world, the USA and China, continued to escalate. The White House made it clear that for goods imports from China, which had already been excluded from the customs postponement, taxes of 145 percent and not about 125 percent were now due.
China exchanges are happily banging
Regardless of this, the Chinese stock exchanges made the best best before the weekend in the East Asia region. In Schanghai and Hong Kong, the market barometers clearly turned into the plus. Here speculation is likely to have supported that the government and central bank are at the side of an economic stimulus. In addition, China has long had experience in terms of tense trade relationships with the USA, according to market participants. But share purchases of state institutions and companies may also have provided the politically wanted surcharges on the Chinese stock exchanges.
In the middle of the tightening customs war, China is increasingly strengthening his efforts to make closer trade relationships with the Asian neighbors with visits to the highest level. Head of state XI Jinping will travel Southeast Asia next week and stop at Vietnam, Malaysia and Cambodia. Against this background, the Shanghai Composite climbed 0.5 percent, the HSI in Hong Kong even 1.3 percent in late trading. And also in Taiwan, 2.8 percent went northwards.
The Chinese market received a positive mood of mood, and above all semiconductor values, from the Semiconductor Industry Association. The association had submitted suggestions for the declaration of semiconductor imports. According to analysts, the steps show a back door for bypassing Chinese imported imports. The location of the production is also fueled. Semiconductor Manufacturing International rose by 6.6 percent in Hong Kong, Hua Hong Semiconductor even 15 percent – other sector values were also very clear.
Nikkei falls back significantly
Tokyo, 33 percent, went down to 33,586 points. This lost a third of the recovery gain from the previous day. In addition, the currency side again looked negative. Although the dollar was weak on a broad front, the Yen is particularly sought -after with his reputation as a safe harbor. The dollar went lower than for the same previous day. In the United States, speculation on falling US interest rates heated up lower than expected, especially against the background of the stipulated economic prospects. Then the dollar went to his knees.
In view of the general uncertainty and with the renewed setback in shares, Japanese bonds in their function as a safe haven The return of two -year -old Japanese government bonds fell by 7 basis points, the ten -year -old by 2.5 basis points. SMBC trial strategist Hirofumi Suzuki emphasized that the trade conflict between the United States and China also had negative consequences for the Japanese economy because the country maintains close economic relationships with both countries. In addition, the revaluation pressure on the yen remains strong. An expensive Yen is more expensive for the exports of Japanese companies.
In Seoul, the Kospi lost 0.5 percent, in Sydney the leading index is 0.8 percent south. However, both indices recovered significantly from the daily low. According to participants, the US Chinese trade conflict caused willingness to sell – especially before the weekend, where new developments could not be reacted to immediately. In South Korea, car and battery values were particularly pressing. Consumer goods titles were sought in Australia, the sector climbed 0.4 percent. The remaining ten sectors closed in the minus.
The Italian luxury group Prada takes over the Versace fashion house for $ 1.4 billion from the fashion conglomerate Capri Holdings. The transaction threatened to fail at the last minute, but was announced on Thursday. Prada increased by 3.2 percent in Hong Kong.
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Index (stock exchange) last +/- % % YTD end
S&P/ASX 200 (Sydney) 7,646.50 -0.8% -9.6% 08:00
Nikkei -225 (Tokyo) 33,585.58 -3.0% -20.5% 08:00
Kospi (SEOUL) 2,432.72 -0.5% +1.4% 09:00
Shanghai-Comp. 3,238.23 +0.5% -4.9% 09:00
Hang-Seng (Hongk.) 21.016.39 +1.6% +1.3% 10:00
Taiex (Taipei) 19,528.77 +2.8% -24.5% 06:30
Foreigners last +/- % 00:00 Thu, 09:51 % YTD
EUR/USD 1.1339 1.3 1.1195 1.1016 +8.2%
EUR/JPY 162.36 0.3 161.81 161.39 -0.7%
EUR/GBP 0.8688 0.6 0.8635 0.8556 +4.4%
GBP/USD 1.3052 0.6 1.2969 1.2876 +3.6%
USD/JPY 143.18 -0.9 144.53 146.51 -8.2%
USD/KRW 1,439.09 -1.0 1,453.02 1,460.17 -1.5%
USD/CNY 7,2158 0.1 7.2105 7.2347 +0.0%
USD/CNH 7.3260 0.2 7.3121 7.3577 -0.3%
USD/HKD 7.7558 -0.0 7.7584 7.7636 -0.1%
AUD/USD 0.6217 -0.1 0.6225 0.6165 +0.6%
NZD/USD 0.5786 0.9 0.5737 0.5678 +1.0%
BTC/USD 81,331.40 2.1 79,677.10 81,681.80 -14.6%
Row oil last VT closing +/- % +/- USD % YTD
WTI/Nymex 60.69 60.29 +0.7% +0.40 +1.6%
Brent/ICE 63.90 63.40 +0.8% +0.50 -14.9%
Metals last the last day +/- % +/- USD % YTD
Gold 3,208.72 3,175.13 +1.1% +33.60 +17.5%
Silver 27.67 27.9 -0.8% -0.23 +1.8%
Platin 836.53 841.65 -0.6% -5.12 -1.8%
Copper 4.4495 4.3365 +2.6% +0.11 +9.6%
YTD based on the final course of the previous day
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(End) Dow Jones Newswires
April 11, 2025 03:55 ET (07:55 GMT)