Market Reactions Across Asia-Pacific

Investors in the Asia-Pacific region showed mixed reactions to the new tariff regime announced by United States President Donald Trump. The markets opened with varied performances, reflecting the uncertainty and cautious optimism among traders.

Performance Highlights

South Korea's Kospi saw an increase of 0.69%, while Hong Kong's Hang Seng rose by 0.42%. In contrast, Japan's Nikkei 225 experienced a significant drop of 1.66%. Meanwhile, China's Shanghai Composite grew slightly by 0.28%, and the Shenzhen Composite remained stable.

Australia's S&P/ASX 200 also faced a minor decrease of 0.23%, indicating a cautious approach from investors down under.

Currency Movements

The dollar strengthened against the yen, trading 0.22% higher, with a selling price of 147.70750, showcasing the immediate impact of the tariff announcements on currency markets.