img-news

Asian markets boosted by trade war ceasefire

  • Regular
  • Asian Market
  • 1 month ago
  • 36

 

The news of trade war ceasefire between Washington and Beijing at the Buenos Aires G20 summit has buoyed Asian markets today.

Japan’s Nikkei climbed 1.22% while Australia’s S&P/ASX rose1.52% .

South Korea’s Kospi up 1.59%  while stock indexes rose 1.3%, 1% and 0.8%, respectively.

Taiwan’s stock index too up 2.07%  and Singapore STI 1.88% . 

The Chinese yuan gathered strength since the beginning of November up 0.55% to about 6.913 per U.S. dollar.

 

 

 

Source: Smart Trend Team