In Asian-Pacific markets, they were traded mainly on Wednesday after Wall Street fell overnight while investors estimated quarterly earnings, while concerns about the customs continued to influence the mood of investors.
Hong Kong Hang Seng Index fell 2.11 percent. The CSI 300 index in continental china fell 0.84%. The Chinese economy increased by 5.4% better than expected in the first trimester, although American threats of customs encouraged great investment banks to reduce the country’s annual appearance. Reuters economists expected a growth of 5.1% on an annual basis.
Japanese Nikkei 225 fell 0.3 percent. South Korean Kospa fell 0.47%, while the masculine with a small capital has lost 0.44%, seebiz.
Australian S & P / ASX 200 strengthened 0.19%.
UBS recently reduced its GDP forecast for China to 3.4% for 2025. And 3% next year. The main Chinese economist of the investment bank, Tao Wang, estimates that the increase in customs now introduced to Chinese goods to decide the growth of Chinese GDP for more than 2 percentage points.
On Tuesday, the Bloomberg reported that China ordered all air carriers to stop the deliveries of Boeing’s aircraft in the middle of the US customs war, that move could increase the chances of negotiations, according to Louis Naveellier, the founding and the President Naveler & Associates.
