Asian Markets Experience Uptick Following China's Openness to US Trade Talks

In a notable shift, Asian markets, particularly Hong Kong, witnessed a significant rally this Friday. This surge came after China indicated its willingness to reconsider trade negotiations with the United States, sparking optimism among investors.

Wall Street's Positive Momentum Influences Asian Markets

The upbeat mood was further buoyed by overnight gains on Wall Street, where tech giants Meta Platforms and Microsoft reported earnings that surpassed expectations, enhancing the global market sentiment.

Regional Indexes Show Promising Growth

By 7:32 am CET, the Hang Seng Index had climbed 1.80%, leading the charge. Japan's Nikkei 225 and South Korea's Kospi also enjoyed increases of 1.23% and 0.24%, respectively. Meanwhile, markets in mainland China and Australia remained closed for a public holiday.

In currency markets, the dollar held steady against the yen, trading at ¥145.2230 at 7:34 am CET.