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Asian stock markets today: Asian markets in Monday's trade (May 19, 2025) traded soft with only Jakarta Composite trading in the green. The key MSCI Asia ex Japan index traded down by 0.47 per cent. 

Asian markets performance

South Korea's Kospi- 0.75 per cent down

Nikkei- 0.36 per cent down

Hong Kong's Hang Seng down - 0.43 per cent

Taiwan weighted down 0.67 per cent

Amid rising debt, the rating agency Moody's has downgraded the soverign credit rating on US from Aaa to Aa1- bringing the rating one notch lower. The rating has been lowered amid US debt which has risen to $36 trillion debt pile, which could be further increased by Trump’s plans to cut taxes. 

The Trump administration, meanwhile, criticised the rating and said that it was considering several measures for lower government spending as well as debt levels.

Also, the bond market turmoil came to the forefront and spurred Trump into deferring his plans for reciprocal trade tariffs.

Zee Business Managing Editor on rating downgrade for India said it is neutral for India. The decline in the US dollar index as well as bond yield would impact India to some extent positively.

Gold prices in Monday's trade in the futures market internationally traded with a gain of over 1 per cent at $3,229 per ounce. Silver futures meanwhile traded with gains of 0.74 per cent at $32.59.

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