Market

Asia-Pacific Markets Rally on Optimism Over Imminent U.S. Trade Deals

Market Overview

Major stock market indexes in the Asia-Pacific region experienced an uptick on Tuesday, fueled by optimism surrounding potential new trade agreements signaled by United States President Donald Trump.

Market Highlights

While Japan's Nikkei 225 and South Korea's Kospi remained closed for public holidays, the US dollar held steady against the yen. Australia's S&P/ASX 200 saw a slight decline of 0.17%.

China's Market Performance

In mainland China, the Shanghai Composite and Shenzhen Composite showed positive movements, with gains of 0.52% and 1.25%, respectively. Hong Kong's Hang Seng also rose, marking a 0.54% increase or a 120-point rise.