日本三次産業指数前月比

オーストラリアRBA ハウザー氏のスピーチ

イギリスHMRCの給与計算の変更

イギリス雇用の変更

Hong Kong shares fell 98 points or 0.4% in Tuesday morning trade, hovering near 26,349 after modest gains in the prior session amid weakness in property and financials. Traders cautiously weighed news that the US and China reached an agreement to place TikTok under US ownership, with final approval expected during a Friday call between President Trump and President Xi Jinping. At the same time, Beijing condemned a US proposal urging allies, including the EU and G7, to impose tariffs of 50%–100% on Chinese goods. Losses were capped by fresh data showing Hong Kong’s manufacturing output grew 0.9% in Q2, up for the third quarter. Focus now turns to the Fed’s two-day policy meeting, with markets expecting a 25bps cut and more easing this year, as Trump continues to push for a larger move. Yunfeng Financial sank 15% on a discounted share sale. Other major laggards included China Hongqiao Group (-4.1%), JD Health Intl. (-2.9%), China Overseas Land (-2.4%), and Horizon Robotics (-1.8%).

Hong Kong Stocks Trade Lower

The offshore yuan hovered around 7.12 per dollar on Tuesday, trading in a tight range as investors digested fresh developments in Sino-US trade negotiations. President Trump said talks in Spain are “progressing well,” with a framework deal on TikTok’s divestment confirmed ahead of his planned discussion with Xi Jinping on Friday. However, China criticized a US proposal for steep tariffs on Chinese goods linked to Russian oil, calling it “unilateral bullying” but reaffirming its preference for dialogue. Meanwhile, Tencent Holdings is launching its first offshore yuan bond sale since 2021, with 5-, 10-, and 30-year notes aimed at boosting CNH liquidity and drawing more international investors, adding support for the yuan. Elsewhere, markets stayed cautious ahead of the much-anticipated Federal Reserve meeting, where a widely expected September US rate cut could lend further lift to the yuan.

Offshore Yuan Treads Narrow Range

The New Zealand dollar fell to around $0.596 on Tuesday, paring some of the previous session’s gains, as investors awaited GDP data expected to underscore the need for further stimulus. The New Zealand economy is projected to slip back into contraction after two consecutive quarters of growth, suggesting that recent momentum may have been short-lived and could prompt additional policy easing by the Reserve Bank. Meanwhile, losses were capped by a weaker US dollar, as markets positioned for a widely anticipated 25 bps rate cut by the Federal Reserve, though some investors still saw a small chance of a larger half-point move. Sentiment was further supported by signs of progress in US-China trade talks in Spain, easing concerns about spillover risks to New Zealand’s export-heavy economy given its close trade ties with China. On the data front, annual food inflation held steady at 5% in August, unchanged from July and remaining at its highest since November 2023.

New Zealand Dollar Declines

The yen strengthened toward 147 per dollar on Tuesday, extending gains for a second session as the dollar eased ahead of an expected Federal Reserve rate cut. Markets are almost fully pricing in a 25 basis point reduction this week, with a total of 67 bps of easing projected for the year. Those expectations have been underpinned by data showing a cooling US labor market and subdued inflation. Domestically, the Bank of Japan will set policy this week and is widely expected to keep rates unchanged at 0.5% as officials assess the impact of US tariffs on Japan’s export-driven economy. Traders are also awaiting fresh data, with exports and imports expected to remain weak and core CPI forecast to slow to 2.7%, the lowest since November 2024.

話題の銘柄と投資戦略を提供します

タイムリーなニュースや経済イベント＆アイデアで、賢く投資を。

最新ニュース