Asian shares mostly lower, trading in a narrow range with US markets closed for Memorial Day
- Asian shares declined modestly on May 27, 2025, with Tokyo's Nikkei 225 falling 0.2% to close at 37,451.60 amid mixed regional trading.
- The decline followed Bank of Japan Governor Kazuo Ueda's indication that inflation, driven by rising food prices like doubled rice costs, could prompt interest rate hikes soon.
- Meanwhile, European shares rose Monday, with Germany's DAX gaining 1.5% to 23,977.83 and Paris's CAC 40 up 1%, while U.S. Futures advanced despite recent weekly losses in major indexes.
- U.S. President Donald Trump announced a delay until July 9 of a threatened 50% tariff on EU imports, though he warned tariffs could start June 1, prompting muted market reactions described by Stephen Innes as investors 'growing inured to such policy changes.'
- These developments suggest cautious investor sentiment amid inflation concerns in Japan and ongoing U.S.-EU trade negotiations, with markets adjusting to potential policy shifts ahead of the July 9 tariff deadline.
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Asian shares mostly lower, trading in a narrow range with US markets closed for Memorial Day
Shares are mostly lower in Asia, trading in a narrow range after U.S. markets were closed Monday for the Memorial Day holiday.
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Read Full ArticleAsian shares mostly lower, trading in narrow range with US markets closed for Memorial Day
Source: Live Mint Hong Kong, Shares were mostly lower in Asia on Tuesday, trading in a narrow range after US markets were closed Monday for the Memorial Day holiday. US futures were and oil prices slipped. Data on consumer confidence and housing prices were due out later on Tuesday. In Tokyo, the Nikkei 225 lost 0.2% to 37,451.60 after the governor of the central bank said he anticipated raising interest rates in coming months due to inflatio…
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Leaning Left5Leaning Right4Center7Last UpdatedBias Distribution44% Center
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