Asian markets boosted by trade war ceasefire
- Asian Market
- 1 month ago
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