-
Stock markets across the Asia-Pacific region are experiencing a mixed session. Japan, Singapore, and Australia are posting modest losses, while Chinese indices are gaining on improved U.S.–China relations. Gains range between 1.10% and 1.50%.
-
President Trump stated that relations with China are “excellent” and expressed readiness to work with Xi Jinping on a new agreement. He added that the U.S. is trying to regain access to the Chinese market. These comments came amid ongoing trade uncertainty. No concrete progress or new deals were announced.
-
Trump also reiterated his support for Iran but emphasized he will not allow it to become a nuclear power. The statement, made in a Fox interview, aligns with his previous hardline stance. No policy changes were signaled.
-
Trump’s economic advisor, Kevin Hassett, said that more than 25 trade agreements are currently in development. He indicated that one of the deals will be announced upon Trump’s return. The comment remained vague.
-
As in 2016, Trump is reportedly viewing stock market returns as a real-time barometer of political success. With the S&P 500 returning to positive territory in 2025, recession fears appear to be easing.
-
Japan’s Producer Price Index for April came in at +0.2% m/m and +4.0% y/y, in line with forecasts. A stronger yen helped curb import-driven inflation, though food and energy prices remain high.
-
The People’s Bank of China set the yuan’s midpoint at 7.1956 per USD – its highest since April 3. The move signals that Beijing is seeking to support its currency to stabilize broader market sentiment in the region.
-
Australian wages rose by 0.9% q/q in Q1, slightly above the 0.8% consensus and in line with RBA projections. The data is unlikely to shift expectations of a rate cut during the May 19–20 meeting, as the central bank remains focused on broader economic risks. AUD reaction was muted.
-
According to reports, a China-linked firm purchased $300 million worth of TRUMP Coin tokens. The news coincided with Trump’s remarks but had no impact on major assets.
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
