FMP
Feb 11, 2025
Most Asian stocks declined on Tuesday as renewed U.S. tariffs under Donald Trump rattled global markets, driving investors toward safe-haven assets like gold and bonds. A holiday in Japan further dampened trading activity, while U.S. stock futures also dipped in Asian hours.
With U.S. inflation data due on Wednesday, market participants remain cautious about the Federal Reserve's next move on interest rates.
The sell-off in Asian equities was triggered by:
🔻 Shanghai Composite: -0.5%
🔻 Shanghai Shenzhen CSI 300: -0.7%
🔻 Hang Seng Index: -0.7%
🔻 Philippines' PSEi Composite: -1%
🔻 Singapore's Straits Times Index: -0.5%
🔻 Jakarta Stock Exchange Composite Index: -0.6%
✅ Bucking the trend: South Korea's KOSPI rose 0.5%, supported by strong corporate earnings.
💡 Sector P/E Ratio API → Track sector-wise valuation shifts in response to market volatility.
As trade tensions resurfaced, investors flocked to defensive assets:
💰 Commodity API → Get real-time gold price updates amid market volatility.
📊 Full Financials API → Track macroeconomic indicators influencing market movements.
Use Financial Modeling Prep's APIs to monitor real-time sector trends, commodity prices, and financial data.
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