Asia trades higher as trade remains in focus

Friday, 22. November 2019 03:27

Markets in Asia-Pacific traded higher on Friday as investors digested economic data from Japan and continued to focus on the trade relations between the United States and China. The two sides are said to be on the "doorstep" of a trade deal with the removal of tariffs cited as the only hurdle, according to media reports. Meanwhile, Japan's annual inflation was reported at 0.2% in October, while private data showed the activity in the private sector remained week in November.

The Nikkei 225 climbed 0.64% at 3:23 am CET. The dollar was flat against the yen to go for 108.6570 at 3:24 am CET.

Hong Kong's Hang Seng rose 0.39% at 3:25 am CET. In mainland China, the Shanghai Composite added 0.46% at 3:24 am CET and the Shenzhen Composite jumped 0.86% at 3:10 am CET.

South Korea's Kospi was up 0.25% at 3:26 am CET and Australia's S&P/ASX 200 gained 0.61% at the same time.

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Breaking the News / NP