2/14, 7:49 AM (Source: TeleTrader)
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Asian markets flat to higher after China trade data

Asian markets traded flat to higher on Thursday after China posted a $39.1 billion trade surplus for January, beating expectations of $33.5 billion. Chinese exports increased by 9.1%, while the imports decreased by 1.5% in the first month of the year. Meanwhile, United States President Donald Trump is reportedly considering extending the March 1 deadline for a trade deal with Beijing.

The Japanese Nikkei 225 closed flat, only 0.02% lower. The dollar added 0.05% against the yen and sold for 111.0585 at 7:46 am CET.

China's Shanghai Composite increased 0.23% at 7:31 am CET while the Shenzhen Composite advanced 1.01% at the same time. Hong Kong's Hang Seng was flat at 7:47 am CET.

Australia's S&P/ASX 200 closed 0.06% lower. The South Korean Kospi Composite was up 1.07% at 7:32 am CET.

Breaking the News / SS