Asian stock markets showed a moderate increase amid the absence of significant breakthroughs in trade negotiations between the US and China. Investors remain cautious, awaiting new economic information.
US-China Trade Negotiations
The negotiations between the US and China concluded without significant results, leaving investors in a wait-and-see mode. Both governments are discussing the possibility of extending a 90-day tariff truce, but no substantial progress has been made.
Equilibrium in Stock Markets
The MSCI index for Asia-Pacific rose by 0.3%, with Taiwan showing the most notable gains. Japan's Nikkei dipped 0.03%, while Hong Kong's Hang Seng fell by 0.4%.
Economic Data Watch
Investors are anticipating a series of central bank announcements and corporate earnings reports. Notably, attention is focused on the Federal Reserve, which is expected to keep its key interest rate unchanged.
Asian stocks remain under pressure from uncertainty surrounding the US-China trade talks, as investors closely monitor further economic data and central bank decisions.
