Asian Stocks Tread Water as Trade De-escalation Op…
From Financial Modeling Prep: 2025-04-24 02:53:00
Most Asian indices rose slightly on Thursday, with Japan leading after reports of U.S.-Japan trade talks. South Korea’s KOSPI fell due to disappointing GDP data. Nikkei 225 up 0.9%, TOPIX up 0.8%, MSCI Asia ex-Japan up 0.5%, KOSPI down 0.3%, S&P 500 Futures up 0.4%.
President Trump hinted at tariff cuts on China if Beijing initiates talks, but Chinese officials have been hesitant. Japan’s Economic Revitalization Minister to hold talks in the U.S., boosting Toyota and Honda stocks.
Understanding sector valuations can help identify value. Check P/E multiples for Technology, Industrials, and Automobiles. Keep an eye on Flash PMIs, Korean GDP revisions, and trade announcements for market direction.
Amid trade uncertainty, Asian markets may stay range-bound. Focus on sectors with strong valuations and fundamentals for navigating the cautious environment effectively.
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