Asian stocks rise on trade optimism

Friday, 13. September 2019 07:51

Stock markets across Asia traded in the green on Friday following the latest easing of tensions between the United States and China. Late on Saturday, President Donald Trump confirmed earlier reports saying that his administration is considering reaching an interim deal with China on trade, although he said that he would prefer a "whole deal."

Meanwhile, investors digested the latest economic figures from Japan which showed an increase in the country's industrial production of 0.7% in July.

The Nikkei added 1.02% at 7:42 am CET. The US dollar traded flat against the Japanese yen, changing hands for 108.1090.

The Hang Seng in Hong Kong was up 0.64% at 7:44 am CET.

The S&P/ASX 200 in Australia traded 0.25% in the green at 7:45 am CET.

Markets in mainland China and South Korea were closed for holidays.

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Breaking the News / GG