Tokyo – Asian actions rose moderately on Thursday after a mediocre ending on Wall Street, and most actions mark beyond the The Federal Reserve went Its main interest rate without changes, as expected widely.
Japan reference Nikkei 225 rose 0.4% in the afternoon negotiation to 36,943.30. AustraliaANDP/ASX 200 added 0.2% to 8,191.70. Kospi from South Korea rose 0.3% to 2,582.07. Hang Seng of Hong Kong increased 0.5% to 22,807.50, while the Shanghai compound won 0.3% to 3,353.81.
Investors continue to observe with restlessness President Donald Trump Comments on the commercial imbalance, as well as the reactions of several nations to appease the administration of the United States and the general confusion about the long -term economic impact.
Geopolitical tensions also weighed in market feelings, focused on The confrontation between India and Pakistan. Pakistan has said that he will avenge those killed by the missile strikes of India, which New Delhi called reprisals for The massacre of Indian tourists last month in Kashmiro controlled by India. Pakistan described attacks as an act of war and claimed that he demolished several Indian combat planes.
The missiles killed 31 people, including women and children, in Kashmiro administered by Pakistan and the country’s province, said the Pakistan army. He directed strikes At least nine sites “where terrorist attacks against India have been planned,” said the Ministry of Defense of India. Two mosques were beaten.
In Wall Street, the SANDP 500 won 0.4%, leaving a two -day losing streak that had broken her nine -day winning career. The Dow Jones industrial average added 284 points, or 0.7%, and the Nasdaq compound increased 0.3%.
The indices revolved repeatedly during the day, and the Dow briefly rose to 400 points with the hope that the United States and China could make the first movements towards a commercial agreement that could protect the global economy. The two largest economies in the world have been placing increasing tariffs on products that come from the other in an intensive commercial war, and the fear is that they can cause a recession unless they allow trade, it moves more freely.
The announcement of high -level conversations between US and Chinese officials this weekend in Switzerland helped increase optimism, but part of that washed after Trump said he would not reduce his 145% tariffs on Chinese products as a condition for negotiations. China has made tariff reduction a requirement for commercial negotiations, which are supposed to help establish.
Such Uncertainty on and off Surrounding tariffs have helped create acute changes within the economy of the United States, including an avalanche of imports with the hope of overcoming tariffs. Under those swings, as well as surveys that show that American homes are growing much more pessimistic about the future, the Fed said it continues to see that the economy worked “at a solid pace” at this time.
The president of the FED, Jerome Powell, said that he gives the Central Bank time to wait before making any possible movement in interest rates, even if Trump has been pressing for faster cuts to judge the economy.
“There is so much that we don’t know,” Powell said. Then, like the rest of Wall Street and the world, the Fed is waiting to see what will really end up in Trump’s commercial war and if their tariffs, which were much more rigid than expected, will hit according to the proposed.
That is particularly the case after the commercial war seems to be entering “a new phase,” said Powell, where the United States is making more conversations about trade with other countries. The Fed also said that it appreciates that the risks to the economy are increasing due to tariffs, which could weaken the labor market and raise inflation.
“If the great increases in the tariffs that have been announced are sustained, they are likely to generate an increase in inflation, a deceleration in economic growth and an increase in unemployment,” Powell said.
That could finally put the Fed in the worst case called “Stagflation”, where the economy stagnates while inflation remains high.
Meanwhile, large American companies continue to produce thicker profits for the beginning of 2025 of what analysts expected. The Walt Disney Co. increased 10.8% after easily exceeding the gains objectives of analysts, increasing their profit prognosis and adding more than one million transmission subscribers.
All said, the SANDP 500 Rose 24.37 points at 5.631.28. The Dow Jones industrial average added 284.97 points to 41,113.97, and the Nasdaq compound won 48.50 to 17,738.16.
In the bond market, the treasure yields fell after the announcement of the Fed. 10 -year treasure yield decreased to 4.27% of 4.30% on Tuesday night.
In the energy trade, the reference crude US won 55 cents at $ 58.62 per barrel. Brent Crude, the international standard, added 48 cents to $ 61.60 per barrel.
In the currency trade, the US dollar exceeded 144.14 Japanese yen of 143.76 yen. The euro cost $ 1,1285, below $ 1,1317.
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The commercial writers of AP Damian J. Troise and Stan Choe contributed to this report.
