Asian Markets Show Mixed Trends Amid U.S.-China Trade Uncertainty and Fed Outlook
TL;DR Summary
Asia-Pacific markets traded mixed amid ongoing U.S.-China trade negotiations, with no extension of the tariff truce and concerns over trade impacts. Meanwhile, HSBC missed profit expectations, Li Auto's new model disappointed investors leading to an 11% stock drop, and Australia's inflation hit its lowest since March 2021, supporting potential rate cuts. U.S. markets closed lower ahead of Federal Reserve decisions, and global economic outlooks remain cautious due to trade tensions and inflation trends.
- Asia markets trade mixed as U.S. tariff truce with China hangs in the balance CNBC
- Asian Shares Mixed at Open Before Fed’s Meeting: Markets Wrap Bloomberg.com
- Asian shares are mostly higher after China-US talks end without a trade deal The Hill
- Asian stocks steady as investors brace for tariff deadline and Fed Reuters
- Asia stocks mixed; Australia gains on soft CPI, Japan steady before BOJ Investing.com
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