4:14 am, Thursday, 30 October 2025

Asia Stocks Slip as New U.S. Tariffs Jolt Sentiment

Sarakhon Report

Pharma and autos lead region-wide declines

Asian shares fell after Washington unveiled another round of tariffs, including 100% duties on branded drugs and higher rates on trucks and furniture. Pharma names in Tokyo and Hong Kong slid, while exporters weakened on dollar strength. Traders also pared expectations for deep U.S. rate cuts following firm economic data.

Focus turns to U.S. inflation gauge

Investors now eye the personal consumption expenditures report for clues to the Federal Reserve’s path. A hotter print could reinforce dollar gains and pressure risk assets. Oil inched up, while gold eased as real yields stayed elevated.

06:31:40 pm, Friday, 26 September 2025

Asia Stocks Slip as New U.S. Tariffs Jolt Sentiment

06:31:40 pm, Friday, 26 September 2025

Pharma and autos lead region-wide declines

Asian shares fell after Washington unveiled another round of tariffs, including 100% duties on branded drugs and higher rates on trucks and furniture. Pharma names in Tokyo and Hong Kong slid, while exporters weakened on dollar strength. Traders also pared expectations for deep U.S. rate cuts following firm economic data.

Focus turns to U.S. inflation gauge

Investors now eye the personal consumption expenditures report for clues to the Federal Reserve’s path. A hotter print could reinforce dollar gains and pressure risk assets. Oil inched up, while gold eased as real yields stayed elevated.