Asia mixed ahead of US-China trade talks

Tuesday, 25. June 2019 04:21

Asian markets traded mixed on Tuesday as investors monitored the relations between China and the United States. US Trade Representative Robert Lighthizer had a phone conversation with Chinese Vice Premier Liu He ahead of the G20 summit where US President Donald Trump is set to meet with Chinese President Xi Jinping for trade talks. Meanwhile, Washington issued a new round of sanctions on Iran, targeting Iranian Supreme Leader Ayatollah Ali Khamenei and eight senior commanders in Iran's Islamic Revolutionary Guard Corps (IRGC).

The Japanese Nikkei 225 dropped 0.29% at 4:18 am CET. The South Korean Kospi Composite added 0.27% at 3:58 am CET.

China's Shanghai Composite lost 0.67% at 4:18 am CET. At the same time, the Shenzhen Composite went down by 0.76%. Hong Kong's Hang Seng fell by 0.63% at 4:19 am CET.

Australia's S&P/ASX 200 increased by 0.17% at 4:18 am CET.

The dollar traded 0.17% lower against the yen to go for ¥107.1255 at 4:20 am CET.

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Breaking the News / DJ