Asia opens under tariff countdown cloud

Asia opens under tariff countdown cloud

The Asia session opens beneath a lengthening shadow, as Tokyo finds itself center stage in a drama not of its own making. Nikkei futures are under pressure, down 0.8%, following Trump’s unambiguous declaration: there will be no extension of the July 9 tariff pause. The 90-day reprieve—once seen as breathing space—now looks more like a…

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China Q4 GDP beats estimates, US Dollar finds demand

China Q4 GDP beats estimates, US Dollar finds demand

Here is what you need to know on Friday, January 17: Markets remain in a cautiously optimistic mood, digesting the stronger-than-expected Chinese growth and activity data, while staying nervous before US President-elect Donald Trump’s inaugaration and amid looming tariffs. China’s economy expanded by 5.4% in the fourth quarter of 2024, exceeding the market’s expectation of…

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