Global Market Report - January 17

The potential criminal probe into China's Huawei has unsettled US-China trade relations and rattled world markets

Morningstar 18/01/2562

Global Market Report

Asia

The prospect of more US-China talks failed to push up Asia-Pacific equities on Thursday with indices in Japan, China and Hong Kong drifted lower. This turn lower was also in the face of a banks-fuelled rally on Wall Street overnight.

Reports of a possible US criminal probe into China’s Huawei took the edge of these otherwise positive developments for world markets.

Japanese inflation data is due on Friday.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Amazon.com Inc2,460.60 USD-0.72
Apple Inc322.32 USD-0.86
Facebook Inc A226.29 USD-1.68
Goldman Sachs Group Inc214.82 USD2.02
JPMorgan Chase & Co106.44 USD2.08
Morgan Stanley48.69 USD3.79
Netflix Inc414.33 USD-1.81

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