Asia's stocks mostly higher as trade war subdues

Friday, 23. August 2019 04:38

Asian markets traded mostly in the green amid a lull in the trade war between Washington and Beijing and ahead of the United States Federal Reserve's annual meeting in Jackson Hole, Wyoming. Earlier, data on Japan's consumer prices showed stronger-than-expected growth, alleviating some of the fears of the local economic slowdown.

China's Shanghai Composite gained 0.22% at 4:35 am CET, Shenzhen Composite was trading flat at the same time, while the Hong Kong's Hang Seng traded 0.27% higher a minute later.

South Korean Kospi Composite lost less than 0.01% at 4:17 am CET. Australia's S&P/ASX 200 went up by 0.25% at 4:37 am CET.

Japanese Nikkei 225 advanced 0.28% at 4:18 am CET. The dollar traded 0.09% higher against the yen, to go for 106.5325 at the same time.

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Breaking the News / MA