Market Snapshot
S&P?500 Futures: Down 0.4% in Asian trading after Trump’s tariff warning.
Shanghai?Composite & CSI?300: Slight declines following earlier week gains.
Hang?Seng: Off 0.5%, hurt by weak trade?deal details and domestic factors.
Track real?time volume and price movers with the Market Most Active API, which highlights Asian equities seeing the biggest trading interest amid volatile headlines.
Geopolitical & Oil Price Impact
Middle East Risks: Reports of stalled Iran nuclear talks and potential Israeli strikes drove oil higher.
Commodity?Linked Indexes: Energy and materials indices outperformed, cushioning broader losses.
Risk Appetite: Elevated geopolitical risk weighed on broad market rallies.
Trump’s Tariff Warning vs. Trade?Deal Optimism
Tariff Letters Incoming: Trump plans to dispatch letters outlining new tariffs to major partners within two weeks—“take it or leave it.”
Trade Framework Lacks Detail: U.S.-China agreement in London offered no binding commitments, keeping tariffs at May’s reduced levels.
Investor Dilemma: Balancing headline optimism with policy uncertainty.
Sector Performance & Commodities
Energy Stocks: Benefited from rising crude; look for patterns in energy sector returns via the Sector Historical Market Overview API.
Technology & EVs: Chinese EV makers like?BYD and?NIO extended declines (>?2%) on fading trade optimism and local headwinds.
Financials: Banks and insurers showed mixed performance, reflecting sensitivity to U.S. yield shifts.
Outlook
Investors remain in a wait?and?see mode, watching for:
Specific Tariff Actions: Detailed country lists and tariff rates.
Final Trade?Deal Text: Binding language on rare?earth exports and semiconductor controls.
Geopolitical Developments: Any escalation in the Middle East or fresh diplomatic breakthroughs.
Until clarity arrives, expect continued rotation between safe?haven sectors (energy, materials) and growth?oriented tech names—guided by real?time data from FMP’s market and sector APIs.
