12/7/2018, 4:57 AM (Source:
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Asian markets higher after positive trade comments

Stock markets in East Asia and Australia traded mostly higher on Friday after positive remarks on trade from both China and the United States. However, investors worried the arrest of the Huawei CFO over alleged violations of the US sanctions against Iran might influence the negotiations. Meanwhile, in Japan, Nikkei reported the prosecutors in the Carlos Ghosn case plan to indict Nissan for allowing its chairman's financial misconduct.

The Shanghai Composite index was 0.07% in the green at 4:30 am CET, while Shenzhen Composite gained 0.12% at 4:46 am CET. Hong Kong's Hang Seng rose 0.31% at 4:54 am CET. Japan's Nikkei 225 dropped 0.11% concurrently. The South Korean Kospi Composite increased 0.17% at 4:35 am CET. The S&P/ASX 200 was up 0.33% in Australia at 4:53 am CET.

The dollar traded 0.07% higher against the yen and sold for ¥112.7925 at 4:53 am CET.

Breaking the News / MD