Asian stocks up after Japan visit to Trump in Japan



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Asian equities for the most part advanced Tuesday in trading in the absence of important news on trade negotiations during President Donald Trump's visit to Japan.

The Japanese reference Nikkei 225

NIK + 0.37%

adds 0.4% to 21 276.38, while the Australian S & P / ASX 200

XJO, + 0.51%

gained 0.5% to 6.485. Kospi from South Korea

180721, + 0.23%

was little changed but progressed to 2.045.11. Hang Seng from Hong Kong

HSI, + 0.38%

added 0.3% to 27,375.16, while the Shanghai Composite

SHCOMP, + 0.61%

rose 0.9% to 2,918.12.

Trump closed his state visit to Japan, which began Saturday. The market reaction to his comments has been mitigated.

Trump pointed to the US's "still unbelievably big" trade imbalance with Japan, but he also said that a trade deal would be concluded later this year, noting that he expects to what it is "in the future".

US markets were closed Monday for the Memorial Day holiday.

"In the face of a lack of reaction to President Donald Trump's remarks and the shortage of leaders, Asian markets are considering trade at his own pace from a mixed but mixed start until Tuesday" said Jingyi Pan, GI market strategist in Singapore.

Stockpiles rose in Europe on Monday as pro-European forces retained a majority in the 28-nation parliament, despite the rise of nationalist parties in a regional vote. The UK stock market remained closed on a holiday.

In the European elections, the far-right and populist parties were the big winners, with voters expressing concerns about immigration and security.

Concerns about trade friction between the United States and China, as well as between the United States and Japan, persist.

The eleventh round of trade negotiations between the United States and China ended without any agreement. Instead, the US decided to increase tariffs on Chinese products, which prompted China to do the same.

American gross benchmark

CLN19, + 0.55%

increased 55 cents to $ 59.18 per barrel. Brent Brut, the international standard, fell 6 cents to 68.71 dollars a barrel.

The dollar

USDJPY, -0.26%

slipped slightly to 109.48 yen from 109.53 yen on Monday. the

EURUSD + 0.0000%

slightly down to $ 1.1182 compared to $ 1.1193.

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