Market

Asian Markets Show Mixed Reactions Following Wall Street's Rally Amid Trump's Trade Deal Promises

Asian Markets Respond to Wall Street's Positive Close

After a higher close on Wall Street, Asia-Pacific markets presented a mixed performance this Thursday. The fluctuation comes in the wake of United States President Donald Trump's assurance of a "fair deal" with China, sparking varied investor reactions across the region.

Market Performances Across Asia

South Korea's Kospi saw a decline of 0.51%, while Hong Kong's Hang Seng dropped by 0.31%. Contrastingly, Japan's Nikkei 225 enjoyed a significant jump of 1.08%. Mainland China displayed modest gains with the Shanghai Composite up by 0.28%, whereas the Shenzhen Composite remained unchanged. Australia's S&P/ASX 200 also marked an increase of 0.66%.

Currency Movements

In currency news, the dollar weakened against the yen, trading 0.58% lower, with a selling price of 142.61500 yen.