Asia-Pacific Markets Set to Open Higher Despite Trump's Tariff Hike
Asia-Pacific markets were set to open higher on Monday, shrugging off concerns after U.S. President Donald Trump said he will increase global tariffs to 15% from 10%. [3]
The move comes as investors await clarity on Trump's latest tariff plans, with U.S. stock futures dipping on Sunday as investors grappled with the implications of the Supreme Court ruling that overturned most of President Trump's tariffs. [6]
Despite the uncertainty, Asia-Pacific markets were expected to open higher, with the Hang Seng Index, Nifty 50, and Kospi all set to rise. [3]
The tariff hike is seen as a move to protect U.S. industries, but it may also lead to a trade war with other countries. [3]
Investors are also watching the situation in Iran, where the country's oil exports have been affected by the U.S. sanctions. [3]
The Dow Jones Futures also fell after Trump's tariff announcement, with investors concerned about the impact on the global economy. [7]
Rolls-Royce, on the other hand, plans to launch a $2 billion share buyback, a move that is seen as a boost to the company's stock price. [8]
In other news, JPMorgan has upgraded its rating on Allegion plc (ALLE) to 'overweight', citing the company's resilient margins despite growth headwinds. [9]
Meanwhile, nib Holdings has reported strong growth in its H1 FY26 results, driven by operational improvements. [10]
The Brink's Company (BCO) is also expected to see 13% revenue CAGR through 2030, according to Truist. [5]
Vertex stock is also in the spotlight, with some analysts suggesting it could help turn $100,000 into $1 million by 2036. [4]
Kratos Defense & Security Solutions, Inc. (KTOS) growth is also seen as fully reflected in its current valuation, according to UBS. [1]
Pantoro Gold has launched an on-market buyback, a move that is seen as a boost to the company's stock price. [2]
Sources
[1] UBS Says Kratos Defense & Security Solutions, Inc. (KTOS) Growth Fully Reflected in Current Valuation
[2] Pantoro Gold launches on-market buyback as Norseman cash flows roll in
[3] Asia-Pacific markets set to open higher as investors brush off Trump's tariff hike to 15%
[4] Could Vertex Stock Help Turn $100,000 Into $1 Million by 2036?
[5] Truist Sees 13% Revenue CAGR Through 2030 for The Brink’s Company (BCO)
[6] U.S. stock futures dip as investors await clarity on Trump’s latest tariff plans
[7] Dow Jones Futures Fall After Trump Hikes Global Tariff To 15%
[8] Rolls-Royce plans $2 bln share buyback- Sky News
[9] JPMorgan Sees Resilient Margins at Allegion plc (ALLE) Despite Growth Headwinds
[10] Earnings call transcript: nib Holdings’ H1 FY26 growth driven by operational improvements