Asian markets mostly higher on impending trade deal

Friday, 05. April 2019 07:41

Asian-Pacific markets traded mostly higher on Friday, amid reports that the trade deal between the United States and China was nearing after "new substantial progress." Chinese President Xi Jinping called for an early conclusion of trade negotiations, after his US counterpart Donald Trump stated that the agreement between world's two largest economies wasn't reached yet, but will be in the next four weeks.

In Tokyo, the Nikkei 225 traded 0.06% higher at 7:40 am CET. The dollar traded mostly flat against the yen, gaining 0.02% and buying ¥111.9795 at 7:40. am CET. Chinese markets are closed for the Qingming Festival holiday.

South Korean Kospi Composite grew just 0.19% at 7:43 am CET, while Australia's S&P/ASX 200 index lost 0.81% of its value around the same time.

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Breaking the News / MA