Asian stock indexes trigger positive rebounds due to investor turnaround for commercial earnings season



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Details of this news Asian equities start to be positive as investors turn to the business season

Asian stocks opened last week's session on US stock indexes, which closed yesterday at nearly a day as trade disputes between the United States and China have not increased, which has allowed a relative support of sentiment in the markets and the turn of the investor season for the results commercial.

US President Donald Trump said yesterday that his country was in the middle of a trade war with China, adding that we would finally succeed, saying that the United States would negotiate a fair trade agreement with China if possible. The White House announced that high-level talks had been held with China and that America was open to further discussions with China to resolve trade tensions between the two countries.

On the other hand, the Chinese Ministry of Commerce has stated that the charges of theft of intellectual property brought by the United States against China were without merit and that there was no such thing as "theft". agreement on the resumption of negotiations between the two countries. The fear that the US escalation to a trade war would increase uncertainty about the global economy and that China would take steps to protect its economic interests.

The US Trump Administration unveiled on Tuesday a list of Chinese goods valued at $ 200 billion, likely to be subject to 10% tariffs, followed by China's alleged import tax. intimidation by the United States. After the answer, hours after the United States imposed tariffs of 25 percent on Chinese products estimated at $ 34 billion on Friday, China responded at the end of the week.

Japanese equities are on the rise today, with the broader TOPIX index in Tokyo rising 0.78% to add 13.29 points to 1,722.97, while the Nikkei 225 Japan stock earned 1.35% at 299.05 points, Level 22 487.01.

Chinese stocks were mixed today with the CSI 300 up 0.19% to 6.63 points at 3,487.69, while the Shanghai Composite fell 0.33% to fall back 9.50 points to 2828.16.

The Hang Seng Hong Kong index rose 0.60% to 170.33 points, reaching 28,651.16. Kospi of South Korea rose 0.76% to 17.34 points, reaching 2.302.40.

The NZZ 50 index of New Zealand equities rose 0.13% to 11.69 points to settle at 8,997.16, while the Australian S & P index / ASX 200 lost 0.19% to hit 6.256.10.

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Source: Forex News today

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