Asian Markets Drift Amid Trade and Policy Crosscur…
From Financial Modeling Prep: 2025-05-21 06:50:00
Most Asian bourses traded cautiously due to mixed economic signals and geopolitical tensions. Japan’s Nikkei slipped as trade deficit emerged from high U.S. tariffs. Australia’s ASX 200 extended gains on RBA’s rate cut and dovish stance. China’s indexes rose as PBOC cut lending rates, despite chip dispute with U.S. South Korea’s KOSPI surged on tech stocks, while Singapore’s Straits Times dipped. Watch for trade talks and RBA’s next moves.
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