Asia stocks fall, Australia and China little cheered by positive data Investing.com-- Most Asian stocks fell on Wednesday, tracking overnight losses on Wall Street as investors grappled with increased uncertainty over U.S. trade tariffs, with Australian and Chinese markets taking little support from positive economic readings. Regional markets took negative cues from Wall Street, which marked a weak start to September after an appeals court ruled against Trump’s tariffs, which could complicate recent trade deals struck by Washington with several major economies. But S&P 500 Futures rose 0.1% in Asian trade, supported by optimism over Google owner Alphabet Inc (NASDAQ:GOOGL) after an antitrust ruling against the firm did not outline as harsh a penalty as initially feared. But this offered little support to Asian markets, which were also due for some profit-taking after strong gains in August. Chinese shares were especially hit by this trend. Australian shares fall as strong GDP dents rate cut bets Australia’s ASX 200 index was the worst performer in Asia, falling 1%. The drop came chiefly after gross domestic product data showed Australia’s economy grew more than expected in the second quarter, amid support from strong domestic demand and steady government spending. But the signs of strength in the Australian economy, especially in consumer spending, dented expectations for more easing by the Reserve Bank of Australia. “The pickup in domestic demand raises the risks that the RBA won’t loosen policy as aggressively as we’re predicting,” Capital Economics analysts wrote in a note, adding that the strong pick-up in activity also came amid concerns over a tight labor market and increasing signs of sticky inflation. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. The RBA cut interest rates thrice so far this year, but flagged continued caution over further cuts due to signs of sticky inflation. Separately, Australian purchasing managers index data also showed strong growth in both manufacturing and services activity. China stocks fall past positive PMI amid some profit-taking China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes fell 0.7% and 1%, respectively, while Hong Kong’s Hang Seng index shed 0.2% in volatile trade. Chinese markets were pulled off multi-year highs this week as investors locked in stellar profits from August. The CSI 300 and Shanghai Composite indexes rallied 10.3% and 8% in August. Strong private PMI data released on Wednesday, which showed a bigger-than-expected increase in service sector activity, did little to offset this trend. But the reading, which followed positive manufacturing PMI from earlier this week, did highlight some resilience in China’s economy, with Beijing now expected to dole out more stimulus measures to support growth. Major Chinese chipmaking and technology stocks, which were a key driver of August’s rally, retreated on Wednesday, with artificial intelligence chips maker Cambricon Technologies Corp Ltd (SS:688256) down 4.1%. Broader Asian markets moved in a flat-to-low range. South Korea’s KOSPI was an outlier, adding 0.3% as GDP data for the second quarter read stronger than expected. But further gains in the KOSPI were held back by weakness in technology stocks. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Japan’s Nikkei 225 index shed 0.3%, while the TOPIX lost 0.4%, even as PMI data read stronger than expected for August. Gift Nifty 50 Futures for India’s Nifty 50 index pointed to a flat open, with the index remaining under pressure from concerns over high U.S. trade tariffs against India. Trump’s 50% levies against the country took effect last week. AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 3 out of 4 global portfolios are beating their benchmark indexes, with 98% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar?

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Asia stocks climb: Japan, Australia hit record highs; RBA cuts rates as expected Updates to reflect RBA decision Investing.com-- Most Asian stock markets advanced on Tuesday, with Japan’s Nikkei hitting a record high on optimism over the U.S.-China tariff truce extension, while shares in Sydney also set a fresh peak after the Reserve Bank of Australia reduced rates as anticipated. Wall Street ended modestly lower on Monday, but major benchmark indices remain supported near record highs amid Federal Reserve rate cut hopes. U.S. stock index futures were largely unchanged in Asian trading on Tuesday. RBA cuts rates by 25bps; stocks at record The Reserve Bank of Australia lowered its interest rates by 25 basis points to 3.60% on Tuesday, in a move widely anticipated by markets. Tuesday’s move marks the RBA’s third cut this year, following its surprise decision to keep rates unchanged in July. After the hold, bets for a cut had strengthened amid weak inflation prints and signs of a cooling labour market. The RBA said easing inflation is likely to prompt further rate cuts. Australia’s S&P/ASX 200 index edged 0.3% higher to a fresh record high of 8,870.10 points. Nikkei hits record high on US-China tariff truce optimism The U.S. and China extended their tariff truce on Monday for another 90 days, averting sharp duties that could have disrupted trade. The agreement preserves current 30% U.S. and 10% Chinese tariffs and buys time for further negotiations, offering a boost to investor sentiment across the region. In Japan, the Nikkei 225 climbed to a fresh record, surging as much as 2.8% to reach 42,992.55. The broader TOPIX index jumpd 1.8%. Gains were led by strong performances in technology stocks, tracking recent record peaks on the tech-heavy Nasdaq Composite index. China’s Shanghai Composite index gained 0.4%, while the Shanghai Shenzhen CSI 300 rose 0.5%. Hong Kong’s Hang Seng index edged 0.1% lower on Tuesday. South Korea’s KOSPI index advanced 0.7%, while features tied to India’s Nifty 50 rose 0.3%. Singapore’s Straits Times Index edged 0.2% lower despite a strong second-quarter GDP print. The country also hiked its 2025 GDP forecast. Elsewhere, the Philippines’ PSEi Composite gained 0.6%, while Indonesia’s Jakarta Stock Exchange Composite Index jumped 0.8%. Before you buy stock in SF, consider this: ProPicks AI are 6 easy-to-follow model portfolios created by Investing.com for building wealth by identifying winning stocks and letting them run. Over 150,000 paying members trust ProPicks to find new stocks to buy – driven by AI. The ProPicks AI algorithm has just identified the best stocks for investors to buy now. The stocks that made the cut could produce enormous returns in the coming years. Is SF one of them?

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Asia stocks climb: Japan, Australia hit record highs; RBA decision ahead Investing.com-- Most Asian stock markets advanced on Tuesday, with Japan’s Nikkei hitting a record high on optimism over the U.S.-China tariff truce extension, while Sydney shares also set a fresh peak ahead of an anticipated Reserve Bank of Australia rate cut later in the day. Wall Street ended modestly lower on Monday, but major benchmark indices remain supported near record highs amid Federal Reserve rate cut hopes. U.S. stock index futures were largely unchanged in Asian trading on Tuesday. Nikkei hits record high on US-China tariff truce optimism The U.S. and China extended their tariff truce on Monday for another 90 days, averting sharp duties that could have disrupted trade. The agreement preserves current 30% U.S. and 10% Chinese tariffs and buys time for further negotiations, offering a boost to investor sentiment across the region. In Japan, the Nikkei 225 climbed to a fresh record, jumping 2.5% to reach 42,867.55. The broader TOPIX index rose 1.5%. Gains were led by strong performances in technology stocks, tracking recent record peaks on the tech-heavy Nasdaq Composite index. China’s Shanghai Composite index gained 0.4%, while the Shanghai Shenzhen CSI 300 rose 0.5%. Hong Kong’s Hang Seng index edged 0.1% lower on Tuesday. South Korea’s KOSPI index advanced 0.7%, while features tied to India’s Nifty 50 rose 0.3%. Singapore’s Straits Times Index edged 0.2% lower despite a strong second-quarter GDP print. The country also hiked its 2025 GDP forecast. Elsewhere, the Philippines’ PSEi Composite gained 0.6%, while Indonesia’s Jakarta Stock Exchange Composite Index jumped 0.8%. Australia shares hit fresh record high ahead of RBA easing Australia’s S&P/ASX 200 index edged 0.2% to hit a fresh record high of 8,867.70 points on Tuesday. Investors expect that the Reserve Bank of Australia will cut interest rates by 25 basis points at its policy meeting ending later in the day. The case for a cut has strengthened amid weak inflation prints and signs of a cooling labour market. "We remain sceptical that the RBA will provide sufficiently strong guidance to push markets toward fully pricing in or out an additional 25 basis point cut in December or to bring forward the next move from November to September," analysts at ING said in a recent note. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is SF one of them?

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Asia stocks tentative ahead of China tariff deadline; Australia hits record high Investing.com-- Most Asian stock markets were subdued on Monday as investors cautiously awaited updates on the U.S.-China tariff truce set to expire this week, while Australian shares rose to a record high ahead of the RBA’s expected rate cut. Trading volumes remained thin due to a public holiday in Japan. Wall Street ended higher on Friday with sharp weekly gains amid Federal Reserve rate cut hopes. U.S. stock index futures edged higher in Asian trading on Monday. US-China tariff truce deadline looms The U.S.-China tariff truce, which has kept escalating duties in check, is due to expire on August 12. While markets are hopeful it will be extended, uncertainty persists over the outcome. The past week’s jump in Chinese exports, reported at 7.2% year-on-year for July, suggests exporters rushed to ship goods ahead of potential renewed tariffs. Additionally, the U.S. implemented new “reciprocal” tariffs on August 7, targeting goods from countries with duties up to 50%. China’s Shanghai Composite index edged 0.1% higher, while the Shanghai Shenzhen CSI 300 gained 0.2%. Hong Kong’s Hang Seng index edged 0.1% lower on Monday. Both South Korea’s KOSPI index and Singapore’s Straits Times Index were largely flat. In corporate news, South Korea’s SK Hynix Inc (KS:000660) shares climbed more than 3% on Monday after a Reuters report said that the company expects the AI-focused memory chip market to grow 30% annually through 2030. Elsewhere, the Philippines’ PSEi Composite fell 0.5%, while Indonesia’s Jakarta Composite Index jumped 0.6%. Futures tied to India’s Nifty 50 edged 0.1% higher. Australia stocks at record high ahead of RBA rate decision Australia’s S&P/ASX 200 index rose as much as 0.5% to hit a fresh record high on Monday as investors bet the Reserve Bank of Australia will cut interest rates at its policy meeting this week. Markets expect the central bank to lower the cash rate by 25 basis points to 3.60% on Tuesday. The case for a cut has strengthened amid weak inflation prints and signs of a cooling labour market.

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Asia stocks mixed; Australia gains on soft CPI, Japan steady before BOJ Investing.com-- Asian stock markets were mixed on Wednesday, with Australia gaining on a soft quarterly inflation print, though investors remained cautious ahead of key central bank decisions from the Bank of Japan and the Federal Reserve. Market participants also remained wary of the approaching U.S. tariff deadline on August 1. Wall Street indexes ended modestly lower on Tuesday. U.S. stock index futures were muted in Asian trading hours as investors awaited major corporate earnings, including from tech giants dubbed the “Magnificent Seven”. Trump’s tariff deadline looms; India may face 20%-25% duties Markets remained on edge ahead of the August 1 deadline when Washington may impose new tariffs if trade deals are not finalised. President Donald Trump said on Tuesday that India may face U.S. tariffs of 20% to 25%, signaling broader trade tension risks even amid progress with the European Union and China. Meanwhile, U.S. and Chinese officials resumed talks in Stockholm on Tuesday, aiming to extend their 90‑day tariff truce beyond its expiry on August 12. Sentiment remains fragile as firms and investors weigh how higher baseline tariffs and uncertainty around the August 1 U.S. deadline may curb growth and margins. Futures for India’s Nifty 50 edged 0.1% lower on Wednesday. In Australia, second-quarter CPI data showed inflation cooled to 2.1% year-on-year, down from 2.4%, while core trimmed‑mean inflation slowed to 2.7%. The surprisingly soft reading has bolstered expectations of a 25 basis point rate cut by the Reserve Bank of Australia in August. Australia’s S&P/ASX 200 rose 0.7% on Wednesday. Elsewhere, South Korea’s KOSPI jumped 0.9% on hopes of a U.S. trade deal before the deadline. China’s Shanghai Composite index rose 0.7%, while the Shanghai Shenzhen CSI 300 climbed 0.8%. Hong Kong’s Hang Seng index edged 0.3% lower after trimming some early losses. Singapore’s Straits Times Index ticked down 0.2%. Fed, BOJ rate decisions loom; Nikkei muted Investors are now turning to policy actions from the Bank of Japan and the U.S. Federal Reserve. The BOJ is expected to hold rates steady on Thursday but may offer a brighter economic outlook following Japan’s trade deal with the U.S. Japan’s Nikkei 225 was largely unchanged on Wedneday, while the broader TOPIX index gained 0.4%. Fed officials began a two‑day meeting on Tuesday, with a rate decision due on Wednesday. The central bank is widely expected to keep rates at 4.25%‑4.50%.

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Asia stocks subdued; Australia drops as weak Westpac earnings weigh - Investing.com Asia stocks subdued; Australia drops as weak Westpac earnings weigh  Investing.com

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