
Asian markets fluctuate as traders prepare for 'Liberation Day'
Hindustan TimesAsian markets swung on Monday as the White House prepares to impose tariffs on key trading partners next week that many fear could deal a painful blow to the global economy. Asian markets fluctuate as traders prepare for 'Liberation Day' A report saying US President Donald Trump was considering a more targeted approach to the levies, which are expected to kick in on April 2, did little to soothe investors' nerves, with the uncertainty dealing a blow to confidence. "Anticipation and pre-positioning ahead of Trump's 'Liberation Day' on 2 April and the impending deluge of tariff-related announcements that will follow in the days/weeks after will be a growing factor that drives price action, sentiment and liquidity in markets this week," said Chris Weston at Pepperstone. Tokyo - Nikkei 225: FLAT at 37,676.97 Hong Kong - Hang Seng Index: DOWN 0.1 percent at 23,660.67 Shanghai - Composite: UP 0.1 percent at 3,369.57 Euro/dollar: UP at $1.0831 from $1.0815 on Friday Pound/dollar: UP at $1.2930 from $1.2918 Dollar/yen: UP at 149.75 yen from 149.36 yen Euro/pound: UP at 83.76 pence from 83.72 pence West Texas Intermediate: DOWN 0.2 percent at $68.13 per barrel Brent North Sea Crude: DOWN 0.3 percent at $71.97 per barrel New York - Dow: UP 0.1 percent at 41,985.35 points London - FTSE 100: DOWN 0.6 percent at 8,646.79 points dan/lb Apple QUALCOMM FEDEX Pfizer INDEX CORP. Dow This article was generated from an automated news agency feed without modifications to text.
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