Asian Stocks Set to Climb as Tariff Threat Wanes: Markets Wrap
Published On Jan 20, 2025, 6:25 PM
Asian markets are expected to rise as concerns about new trade tariffs from the U.S. wane, following President Trump's decision not to impose sweeping tariffs on major trading partners. This signifies a more cautious approach towards trade relations, particularly with China, which is viewed positively by investors. Following this news, equity futures are pointing to gains in various regions, and Asian currencies are expected to strengthen against a weaker U.S. dollar. Additionally, investors are optimistic about recent developments affecting Chinese property developers, especially regarding China Vanke Co.
Stock Forecasts
ACWX
Positive
Given the positive sentiment stemming from the easing of trade tensions and the expectation for Asian markets to rise, investment opportunities appear favorable. The strong reaction in futures suggests potential upward movement in stocks, particularly in sectors sensitive to trade. Investors might consider ETFs that focus on Asian equities, which could benefit from this environment.