{"id":39920,"date":"2025-03-24T01:24:27","date_gmt":"2025-03-24T04:24:27","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/03\/24\/hang-seng-index-and-nikkei-225-weak-pmi-tariffs-fuel-market-uncertainty\/"},"modified":"2025-03-24T01:24:27","modified_gmt":"2025-03-24T04:24:27","slug":"hang-seng-index-and-nikkei-225-weak-pmi-tariffs-fuel-market-uncertainty","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/03\/24\/hang-seng-index-and-nikkei-225-weak-pmi-tariffs-fuel-market-uncertainty\/","title":{"rendered":"Hang Seng Index and Nikkei 225: Weak PMI, Tariffs Fuel Market Uncertainty"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><strong>Asian Market Implications<\/strong>: Despite Trump\u2019s comments and the US market gains, the prospect of higher tariffs and geopolitical tensions signal a testy Asian session on Monday, March 24.<\/p>\n<h2 id=\"japan-pmi-data-weakens-boj-hike-prospects\">Japan PMI Data Weakens BoJ Hike Prospects<\/h2>\n<p>Japan\u2019s private sector PMI numbers on March 24 potentially closed the door to an H1 2025 Bank of Japan rate hike. Japan\u2019s Jibun Bank Services PMI tumbled from 53.7 in February to 49.5 in March, crucially dropping below the neutral 50 mark. The manufacturing sector contracted at a faster pace, with the PMI falling from 49.0 to 48.3.<\/p>\n<p>With services contributing over 70% to Japan\u2019s GDP, a softer growth outlook may force the BoJ to delay rate hikes. The Japanese Yen weakened, sending the <a href=\"https:\/\/www.fxempire.com\/currencies\/usd-jpy\" target=\"_blank\" rel=\"noopener noreferrer\">USD\/JPY<\/a> up 0.40% to 149.878.<\/p>\n<p>Annabel Fiddes, Economics Associate Director at S&amp;P Global Market Intelligence, commented:<\/p>\n<blockquote>\n<p>\u201cStrong inflation, coupled with concerns over labour shortages, an ageing population, subdued client spending and increased uncertainty over the international trade environment dampened optimism around the outlook. Notably, overall confidence regarding future business activity dipped to the lowest since August 2020 at the end of the first quarter.\u201d<\/p>\n<\/blockquote>\n<h2 id=\"hang-seng-index-and-mainland-china-markets-drop-on-tariff-concerns\">Hang Seng Index and Mainland China Markets Drop on Tariff Concerns<\/h2>\n<figure id=\"attachment_1506409\" aria-describedby=\"caption-attachment-1506409\" class=\"wp-caption alignnone\"\/><\/div>\n<p>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Asian Market Implications: Despite Trump\u2019s comments and the US market gains, the prospect of higher tariffs and geopolitical tensions signal a testy Asian session on Monday, March 24. Japan PMI Data Weakens BoJ Hike Prospects Japan\u2019s private sector PMI numbers on March 24 potentially closed the door to an H1 2025 Bank of Japan rate hike. Japan\u2019s Jibun Bank Services PMI tumbled from 53.7 in February to 49.5 in March, crucially dropping below the neutral 50 mark. The manufacturing sector contracted at a faster pace, with the PMI falling from 49.0 to 48.3. With services contributing over 70% to Japan\u2019s GDP, a softer growth outlook may force the BoJ to delay rate hikes. The Japanese Yen weakened, sending the USD\/JPY up 0.40% to 149.878. Annabel Fiddes, Economics Associate Director at S&amp;P Global Market Intelligence, commented: \u201cStrong inflation, coupled with concerns over labour shortages, an ageing population, subdued client spending and increased uncertainty over the international trade environment dampened optimism around the outlook. Notably, overall confidence regarding future business activity dipped to the lowest since August 2020 at the end of the first quarter.\u201d Hang Seng Index and Mainland China Markets Drop on Tariff Concerns [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":39921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-39920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/39920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=39920"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/39920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/39921"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=39920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=39920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=39920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}