{"id":75598,"date":"2025-04-16T18:39:09","date_gmt":"2025-04-16T08:39:09","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=75598"},"modified":"2025-08-05T20:37:43","modified_gmt":"2025-08-05T10:37:43","slug":"wednesday-16th-april-2025-asia-stocks-fall-as-tariff-worries-mount","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/wednesday-16th-april-2025-asia-stocks-fall-as-tariff-worries-mount\/","title":{"rendered":"Wednesday 16th April 2025: Asia Stocks Fall as Tariff Worries Mount"},"content":{"rendered":"\n<h3><br \/><br \/>Global Markets:<\/h3>\n\n\n\n<ul>\n<li>&nbsp;Asian Stock Markets : Nikkei down 1.55%, Shanghai Composite down 0.68%, Hang Seng down 2.64% ASX up 0.01%<\/li>\n\n\n\n<li>Commodities : Gold at $3307.35 (2.09%), Silver at $32.47 (0.58%), Brent Oil at $64.35 (-0.45%), WTI Oil at $60.96 (-0.34%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.320, UK 10-year yield at 4.6495, Germany 10-year yield at 2.5440<\/li>\n<\/ul>\n\n\n\n<h3>News &amp; Data:<\/h3>\n\n\n\n<ul>\n<li>(CAD) CPI m\/m&nbsp; 0.3%&nbsp; to 0.7%&nbsp; expected<\/li>\n\n\n\n<li>(CAD) Median CPI y\/y&nbsp; 2.9%&nbsp; to 2.9%&nbsp; expected<\/li>\n\n\n\n<li>(CAD) Trimmed CPI y\/y&nbsp; 2.8%&nbsp; to 3.0%&nbsp; expected<\/li>\n\n\n\n<li>(CAD) Common CPI y\/y&nbsp; 2.3%&nbsp; to 2.5%&nbsp; expected<\/li>\n<\/ul>\n\n\n\n<h3>Markets Update:<\/h3>\n\n\n\n<p>Asia-Pacific markets mostly declined on Wednesday, tracking overnight losses on Wall Street as investors weighed corporate earnings and ongoing tariff concerns. Hong Kong\u2019s Hang Seng Index dropped 2.11%, while China\u2019s CSI 300 fell 0.84%, despite the country reporting stronger-than-expected first-quarter GDP growth of 5.4%, surpassing Reuters&#8217; forecast of 5.1%. However, U.S. tariff threats have prompted major investment banks to lower China\u2019s annual growth projections.<\/p>\n\n\n\n<p>Japan\u2019s Nikkei 225 edged down 0.3%. South Korea\u2019s Kospi declined 0.47%, and the Kosdaq slipped 0.44%. In contrast, Australia\u2019s S&amp;P\/ASX 200 inched up 0.19%.<\/p>\n\n\n\n<p>Adding to trade tensions, Bloomberg reported Tuesday that China has ordered airlines to suspend Boeing jet deliveries amid the tariff standoff with the U.S. Louis Navellier of Navellier &amp; Associates suggested that this move could lead to renewed negotiations, as pressure mounts on the White House from affected industries like aerospace and technology.<\/p>\n\n\n\n<p>Meanwhile, U.S. stock futures slipped as markets awaited key retail sales data and further earnings reports. Dow Jones futures were down 139 points (0.3%), while S&amp;P 500 and Nasdaq 100 futures fell 0.7% and 1.1%, respectively.<\/p>\n\n\n\n<p>Overnight, Wall Street ended lower: the Dow shed 155.83 points (0.38%), the S&amp;P 500 dipped 0.17%, and the Nasdaq Composite slipped 0.05% after two days of gains.<\/p>\n\n\n\n<h3>Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul>\n<li>12:30 PM GMT &#8211; USD Core Retail Sales m\/m<\/li>\n\n\n\n<li>12:30 PM GMT &#8211; USD Retail Sales m\/m<\/li>\n\n\n\n<li>01:45 PM GMT &#8211; CAD Overnight Rate<\/li>\n\n\n\n<li>02:30 PM GMT &#8211; CAD BOC Press Conference<\/li>\n\n\n\n<li>05:30 PM GMT &#8211; USD Fed chair Powell Speaks<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific markets mostly declined [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":77277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[196,215,339],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/75598"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=75598"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/75598\/revisions"}],"predecessor-version":[{"id":75604,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/75598\/revisions\/75604"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/77277"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=75598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=75598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=75598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}