Asia-Pacific Markets Live: South Korea Inflation

The yield of reference government obligations in 10 years in India has slipped to its lowest level since January 2022, showed LSEG data.

“Foreign funds have confidence in the stability of the Roupie as well as the macroeconomic stability of India,” said Anuj Tagra, vice-president and portfolio director of the India attachment of Franklin Templeton.

“The expectations of the RBI thrust market to focus on growth by rate drops and the liquidity infusion in the system have brought the attractiveness of debt as a asset class with foreign investors.”

—Lee Ying Shan

The prices of the crude Brent brought about $ 74 in increasing geopolitical concerns linked to potential American actions which can have an impact on oil exports from Venezuela and Iran, noted Citi.

This marks a reversal of the sale in early March which marked the oil prices at $ 69, largely thanks to the announcement of OPEC + to start attenuating production cuts in April and increasing the fears of American prices, Citi analysts wrote.

However, the rally “will find it difficult to hold”, following macroeconomic uncertainties, said the Fitch Solutions BMI Research Unit.

“While the approach of US President Donald Trump in terms of prices has been somewhat erratic, effective tariff rates are increasing worldwide, which has shown concerns for the health of the global economy and, consequently, the demand for oil,” said BMI analysts.

The term contracts on Brent increased by 0.04% to $ 74.51 per barrel, while US West Texas Intermediate increased from $ 0.04 to $ 71.23 per barrel.

—Lee Ying Shan

The governor of the Bank of Japan, Kazuo Ueda, would have warned that the American rates would have a huge impact on world trade.

Addressing Parliament in Japan, his comments arise while US President Donald Trump is preparing to deploy reciprocal prices on April 2 in the United States, as well as car rates on April 3.

In Asia, Japanese car manufacturers should see the most pain in car prices, experts saying to CNBC Toyota It could be the worst blow.

– Lim Hui Jie, Reuters

The Thailand Ministry of Commerce said that the country’s semiconductor exports could face 25% tariffs in the United States, and that potential prices in the United States could cost the country between $ 7 billion and $ 8 billion.

The Thai Baht lost 0.2% against 34.22 against the dollar, marking the lowest since February 28, showed LSEG data.

—Lee Ying Shan

The Nikkei 225 of Japan has slipped 0.47% to its lowest since September, showed FactstSet data, while investors are preparing for the last price cycle of American President Donald Trump.

Index Heavyweight Softbank slipped 2.22%, while the telecommunications company KDDI, which has the fifth largest weight of the index, dropped by 1.68%. Sumitomo Pharma has losses, down 4.4%.

The Topix of Japan decreased by 1.08%.

– Lee Ying Shan

The actions of Japan and Korean car manufacturers decreased after having rebounded on Tuesday.

Nissan, who has three factories in Mexico, decreased by 2.43%. Toyota and Honda dropped 0.74% and 0.74% respectively. The Mazda engine has lost more than 0.51%.

Kia Motors of South Korea, which has a manufacturing plant in Mexico, slipped 0.75%.

—Lee Ying Shan

The Governor of the South Korea financial service, Lee Bok-Hyun, wishes to move, reported the local media.

“When I said to the Chairman of the Financial Services Commission, the Deputy Prime Minister of Economic Affairs and the Governor of the Bank of Korea also contacted me and told me that the market situation was very difficult and that I should not act with imprudence,” Lee said during a press program.

The inflation of South Korea climbed 2.1% in annual sliding in March, greater than the 2% observed in February.

This was also greater than the 2% increase expected by the economists interviewed by Reuters.

Basic inflation in the country – which removes food and energy prices – increased by 1.9% compared to the same period last year.

– Lim Hui jie

The S&P 500 closed above Tuesday in another volatile session which saw the broad market index looking for gains and losses, while investors are impatiently awaiting the deployment of President Donald Trump’s prices.

The S&P 500 added 0.38% to finish the session at 5,633.07, while the NASDAQ composite climbed 0.87% to 17,449.89. The industrial average of Dow Jones slipped 11.80 points, or 0.03%, to end at 41,989.96.

– Brian Evans

Christopher Harvey, head of action strategy at Wells Fargo Securities, said that there was constructive on the long-term prospects of shares, but warned investors not to underestimate the potential risks around the pricing announcement of April 2.

“We remain constructive on longer-term actions given: (1) the potential monetary stimulus (that is to say 75 BPS+ of 2025 Fed rate drops starting with the middle of the year; (2) the planned movement of the tax bill (and the implementation possible) this summer; and (3) several-CAPs have already been put up for sale (TSLA, Avgo, NVDA), wrote Tuesday.

“However, the risks are not small and the recession is possible. We are most concerned about the unintentional potential consequences of aggressive tariff movements,” said Harvey.

– Sarah Min