Asian stocks higher despite bad Japan data

Monday, 21. October 2019 04:40

Asian markets were mostly in the green on Monday after Chinese Vice Premier Liu He reportedly said over the weekend that the United States and his country made "substantial progress" in their trade negotiations. One-year Loan Prime Rate of the People's Bank of China remained the same, 4.2%, in October. In spite of an anticipated trade surplus of ¥54 billion in Japan, the trade deficit was unchanged in September on an annual basis and stood at ¥123 billion.

The Nikkei 225 index increased by 0.32% at 4:26 am CET. The Shanghai Composite declined 0.34% at 4:15 am CET and the Shenzhen Composite Index rose 0.07% at 4:29 am CET. The Hang Seng jumped 0.22% one minute later. Kospi climbed 0.16% at 4:31 am CET. The S&P/ASX 200 in Australia was 0.11% lower at 4:33 am CET.

The dollar added 0.09% at 4:35 am CET to for ¥108.4945.

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Breaking the News / MS