From Financial Modeling Prep: 2025-04-29 02:47:00

Most major Asian stock markets rose as U.S. plans to ease automotive tariffs boosted optimism. South Korea’s KOSPI gained 0.8%, Hong Kong’s Hang Seng added 0.5%, and Chinese EV makers surged. India’s Nifty 50 futures and Japan’s Nikkei 225 futures also reflected positive sentiment.

Japanese markets closed for a holiday as the Bank of Japan’s policy meeting looms. Despite strong inflation, rates expected to remain steady. Australia’s S&P/ASX 200 rose 0.9%, and Singapore’s Straits Times index gained 0.4%, showing regional optimism.

China’s Shanghai Composite and CSI 300 slipped despite improved trade rhetoric from the U.S. Treasury Secretary. Investor frustration over Beijing’s lack of stimulus measures evident as domestic growth stagnates. Mainland equities face fragile investor appetite.

U.S. tariff adjustments boost Asian auto stocks, but regional equities show divergence. Bank of Japan and China’s policy decisions awaited. Economic Calendar API provides upcoming global policy events and data critical for market assessment. Near-term momentum favors markets benefiting from supply chain repricing.



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