Asia stocks violate "Wall Street" and rise for the fourth day

Asian markets rose for the fourth consecutive day, in a clear contradiction with “Wall Street”, as the decline in US equities continued. At the same time, gold has established near its standard levels. Japanese and South Korean stocks have risen, while Chinese stocks have dropped, and the Hong Kong markets varied. US stock futures have also seen an increase after the sharp decline in the major indicators Tuesday. According to a Hadith recording conducted by ‘Bank of America’, investors have reduced their possession of US shares at the highest registered rate, while possession of cash has risen significantly. The control of uncertainty is still a state of uncertainty around President Donald Trump’s economic policy, especially with regard to the definitions of trade and customs, which has caused the fear of economic stagnation. Traders are eagerly awaiting the US federal decision later today, Wednesday, in the hope of obtaining clearer indicators on monetary policy. While the US market performance has fallen, markets in China and Japan have seen remarkable heights over the past few weeks, as investors are looking for alternative investment opportunities. The Bank of Japan is expected to announce its decision on monetary policy as it is likely that the interest rate will remain unchanged. “The lack of new news means good news for traders when it comes to customs tariffs. However, there are still concerns about how the mutual definitions coming to exporters are affecting Asia,” says Tim Water, Sidoni’s chief KCM trade. In the other financial markets, US Treasury bonds have increased, and the US dollar recorded an increase against most of the ten group currencies, while the Japanese yen fell for the fourth consecutive day, amid the awaiting the bank or Japan’s decision on interest. Inflation in Japan, although the Central Bank of Japan is expected to keep interest rates unchanged after the increase in January, Governor Kazo Uida “may prepare the markets for the next increase we expect on May 1,” according to Taro Kimura of “Bloomberg Economics”. According to Goldman Sachs economists, wages in Japan should rise at least 3% to achieve the sustainable inflation goal of the central bank. On the other hand, Japan’s exports have risen faster as companies have increased their requests in preparation for the imposition of higher customs duties in the United States. Elsewhere in Asia, Chinese banks are expected to reduce interest rates on consumer loans to their lowest levels ever, while policy makers increase stimulation of stability. Beijing seeks to stimulate the spending of consumers and increase local demand to make the economy less dependent on trade and exports. Investors will also monitor the unrest in Indonesia on Tuesday as a mass of trade. The shares of “Xiaomi” in Hong Kong increased for the fifth consecutive day after it announced the fastest revenue growth since 2021 thanks to electric cars, while the shares of XPen fell after sales estimates were less than the expectations of some analysts. The profits are expected to be announced by companies such as “Tinente Holdings”, “Anta Sports Products” and “Mayuan Foods”. In the commodity market, oil prices have dropped due to poor public market and concerns about a global surplus of crude oil, overwhelming the rising tension in the Middle East. While the price of gold has fallen from the highest level ever, which was more than $ 3030 an ounce. Waiting for the ‘federal’ decision that the point plan is expected to pay the Federal Reserve to maintain fixed interest rates, and the semester card could provide additional visions for investors on economic expectations. Traders will also focus on a press conference by Jerome Powell, president of the Federal Reserve, where he will balance his current vision of the economy and an evaluation of the potential impact of Trump’s commercial policy. “In the decline of the economic background due to customs duties and general commercial uncertainty, the market is in search of the traditional” Powell’s Support “, which he hopes to be expressed by targeting a pessel and reducing the chart of points in the updating of the summary of economic expectations.” The news escalated about the possibility of obtaining support from the Federal after the quick sale of shares, but anyone who expects a little reassurance at the March meeting is disappointed, according to us, Wong of “Bloomberg Economics”. The doubt about geopolitical tensions and the Federal Reserve on interest rates was overwhelmed by factories production data that came better than expected, which reduced the anxiety over the poor manufacturing sector. Other data released on Tuesday showed a recovery in home construction in the United States. The US indicators’ movements show the fear of traders by decreasing in the “S&P 500” index Tuesday by 1.1%, while the “Nasdaq 100” index fell 1.7%. The shares of “Invidia” fell 3.4%, despite the announcement of plans to expand its dominance in the field of artificial intelligence using robots and table computer systems, and the “Tesla” shares fell by 5.3%, and the company “Mita Platfarms” became the last companies in the ‘seven big’ groups. Options traders expect a 1.2% movement in the S&P 500 in any direction on Wednesday, compared to an average of 0.8% on the federal meetings over the past year, according to the data issued by US stock strategy Stewart Kaiser. “Historically, the days of federal meetings have been left unchanged by interest rates, usually strong profits,” said Spke Investment Group.