Public Markets 8-Hour Briefing
×Asia Markets
Asia stocks investing.com showed mixed sentiment amid tariff uncertainties, with Hong Kong and South Korea advancing while other markets remained skittish. China stocks bloomberg.com in Hong Kong rallied after the US Supreme Court struck down President Trump's emergency tariffs, with Chinese exporters set to benefit from lower duties. Samsung shares investing.com hit a record high amid speculation about its role as a supplier to Nvidia's AI initiatives.
US Markets
US stock futures investing.com dropped as tariff turmoil continued to unsettle investors ahead of Nvidia's earnings report. The dollar bloomberg.com came under renewed selling pressure as Trump's fresh tariff plans raised concerns about American policymaking. Gold prices investing.com extended gains amid tariff jitters, with precious metals benefiting from haven demand as trade uncertainty persists.
Commodities & Currencies
Copper bloomberg.com advanced for a second day as uncertainty around US tariff policy drove a decline in the dollar. Asset managers bloomberg.com have turned long the Australian dollar for the first time in more than a year, driven by a hawkish Reserve Bank and weak greenback. The Indian rupee bloomberg.com may see its recent rebound from record lows fade as analysts predict renewed weakness due to inadequate foreign inflows.
Regional Economy
Thai exports bloomberg.com jumped to their highest level in four years, driven by AI-led electronics boom and stronger demand for raw materials. New Zealand retail bloomberg.com spending beat estimates in the fourth quarter, suggesting the economic recovery maintained momentum. Rolls-Royce investing.com plans a $2 billion share buyback as the aerospace company looks to return capital to shareholders.