Asian Markets Show Positive Momentum

Investors across the Asia-Pacific region kept a close eye on the unfolding trade discussions between the United States and China, leading to a mostly higher market performance on Tuesday.

Mainland China and Hong Kong Lead Gains

In mainland China, the Shanghai Composite saw an increase of 1.03% by 7:30 am CET, while the Shenzhen Composite jumped by 1.94%. Not far behind, Hong Kong's Hang Seng index rose by 0.77% shortly after.

Mixed Responses Across the Region

Australia's S&P/ASX 200 remained unchanged, showcasing a flat trading session. Meanwhile, markets in Japan and South Korea were closed due to public holidays, leaving the Nikkei 225 and Kospi out of the day's trading activities.

On the currency front, the US dollar held steady against the yen, trading at ¥143.79950 at 7:29 am CET.