Bombay Gate Gateway of India, Mumbai
Arutthaphon Poolsawasd | Moment | Getty Images
Asia-Pacific markets are expected to unfastened mixed aft U.S. President Donald Trump announced plans to rise tariffs connected Indian exports to the state significantly.
"India is not lone buying monolithic amounts of Russian Oil, they are then, for overmuch of the Oil purchased, selling it connected the Open Market for large profits," Trump wrote connected societal media level Truth Social.
"They don't attraction however galore radical successful Ukraine are being killed by the Russian War Machine. Because of this, I volition beryllium substantially raising the Tariff paid by India to the USA," helium continued.
Opening calls
Happy Tuesday from Singapore. Asia markets are poised for a mixed open.
Australia's S&P/ASX 200 was acceptable to commencement the time higher with futures tied to the benchmark astatine 8,701, compared with its past adjacent of 8,663.70.
Japan's benchmark Nikkei 225 was acceptable to unfastened higher, with the futures declaration successful Osaka past traded astatine 40,610 against the index's past adjacent of 40,290.70.
However, futures for Hong Kong's Hang Seng Index stood astatine 24,708 pointing to a weaker unfastened compared with the HSI's past adjacent of 24,733.45.
— Lee Ying Shan
Stocks adjacent retired archetypal league of the week successful affirmative territory pursuing Friday's sell-off
All the 3 large averages soared into the greenish connected Monday, with the Dow Jones Industrial Average recouping its losses from Friday's session.
The blue-chip scale climbed 585.06 points, oregon 1.34%, to decorativeness the time astatine 44,173.64.
Additionally, the wide marketplace S&P 500 and the tech-heavy Nasdaq Composite rocketed higher by 1.47% and 1.95%, ending astatine 6,329.94 and 21,053.58, respectively.
— Sean Conlon
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