Asian shares up led by Japanese stocks

Despite a rise in Tokyo as traders returned from a holiday, markets remained hostage to the next crucial round of trade talks.

Feb 12, 2019 03:02 IST India Infoline News Service

Equity benchmark indices were trading in the green in Asian markets on Tuesday led by a sharp rally in Japanese stocks.

Despite a rise in Tokyo as traders returned from a holiday, markets remained hostage to the next crucial round of trade talks. Chinese Vice Premier Liu He expected to join U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin in high-level trade talks Thursday and Friday.

Further, equities ticked higher in Sydney and Seoul, while futures pointed to a weaker start in China and Hong Kong.

Besides, US equity futures advanced on news of a deal among American lawmakers to avert another federal government shutdown.

Moreover, the US futures added to gains as President Donald Trump spoke at a rally without casting any immediate shadow over a deal in principle among legislators to fund the government. With high-level trade talks looming, he also said he doesn’t want China to have a hard time.

-With inputs from Bloomberg

Related Story