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Asia shares helped by China uplift, Trump’s tariff plans hang in the air – Jan 23 2025

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Index Last Change % Change
trading higher

44,156.73 +130.92 0.30%Positive
trading higher

20,009.34 +252.56 1.28%Positive
trading higher

6,086.37 +37.13 0.61%Positive
Index Last Change % Change
trading higher

39,901.75 +255.50 0.64%Positive
trading higher

19,830.27 +51.50 0.26%Positive
trading lower

76,294.39 -110.60 0.14%Negative

Source: LSEG, opens new tab – data delayed by at least 15 minutes

Equities

CSI300 advanced 1.47% shortly after the open.
 Hang Seng Index gained more than 1%.
The big moves in Chinese stocks helped lift MSCI’s broadest of APAC ex-Japan (.MIAPJ0000PUS), up 0.11%, reversing its losses from earlier in the sesion.
Nikkei ticked up 0.47%.

Forex

DXY dipped 0.03% to 108.25, after its lowest level since Jan. 6 at 107.75 in the previous session.
EUR up 0.03% to $1.0412, GBP near a two-week high and last bought $1.2317.
JPY 156.29, languishing near a one-month low hit earlier in the week, strengthened against USD in the past few sessions, supported by expectations BOJ will raise interest rates at the conclusion of its policy meeting on Friday.

Commodities

Oil prices eased, pressured in part by concerns on how Trump’s proposed tariffs could affect global economic growth and demand for energy.
Brent fell 0.16% to $78.87 a barrel, U.S. crude slipped 0.15% to $75.32 per barrel.
XAU steady at $2,754.26 an ounce.
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