Asian shares slip as worries about rising oil prices offset boost from strong earnings
- Asian shares were mostly lower on Tuesday as higher oil prices and inflation worries offset support from strong corporate earnings.
- Japan’s Nikkei 225 fell 2.5%, South Korea’s Kospi dropped 1.6%, and Australia’s S&P/ASX 200 was little changed.
- Hong Kong’s Hang Seng and the Shanghai Composite each rose 0.2%.
- Analysts said strong earnings in Asia and the U.S., including AI-related results, helped sentiment but did not fully counter oil-market concerns tied to the Iran war.
- Brent crude rose to $91.35 a barrel and U.S. crude climbed to $85.16, while the U.S. dollar gained against the yen and the euro eased.
- The article said higher oil prices have been a major factor behind persistent inflation and that the market impact on equities was negative overall, with a mild supportive effect for oil-linked assets and a slightly negative tone for risk assets and some Asian stocks.
Asian shares were mostly lower on Tuesday as rising oil prices and inflation worries outweighed the boost from strong earnings reports. Japan’s Nikkei 225 fell 2.5%, South Korea’s Kospi lost 1.6%, and Australia’s S&P/ASX 200 was little changed. Hong Kong and Shanghai both posted small gains.
The report said robust earnings in Asia and the U.S., including results tied to artificial intelligence, had helped support sentiment. Even so, concerns over the war in Iran and its possible effect on global crude flows continued to pressure markets, especially in countries such as Japan that import nearly all of their oil.
Oil prices moved higher again after a brief pause, with Brent crude at $91.35 a barrel and U.S. crude at $85.16. The article said higher energy prices have been a major factor behind persistent inflation.
On Wall Street, stocks also eased further from recent highs, while the U.S. dollar strengthened against the yen and the euro softened. The overall market tone in the piece is negative for equities, especially Asian stocks, while the move in oil prices is supportive for energy-linked assets and bearish for broader risk sentiment.
油价上涨忧虑抵消强劲财报提振，亚洲股市下跌
周二亚洲股市多数下跌，原因是油价上涨和通胀担忧抵消了强劲财报带来的提振。日本日经225指数下跌2.5%，韩国Kospi指数下跌1.6%，澳大利亚S&P/ASX 200指数几乎持平；香港和上海股市则小幅上涨。
报道指出，亚洲和美国的强劲财报，尤其是与人工智能相关的业绩，曾帮助改善市场情绪。不过，伊朗战争及其对全球原油供应的潜在影响，继续给市场带来压力，尤其是在几乎全部依赖进口石油的日本。
油价在短暂回落后再次走高，布伦特原油报每桶91.35美元，美国原油报每桶85.16美元。文章称，更高的能源价格一直是通胀居高不下的重要因素。
美股也进一步从近期高位回落，美元兑日元走强，欧元走弱。就市场影响而言，这篇报道对股市尤其是亚洲股市偏利空；对油气相关资产略偏利好，而对更广泛的风险资产情绪偏利空。